Azure Printed Homes

Azure Printed Homes

3D printed homes made from recycled materials—fast, affordable, and sustainable

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Claim My Business View on Republic
Security Type
Crowd SAFE
Min Investment
$250
Location
CULVER CITY, CA
Offering Date
April 22, 2022
Expected Close Date
November 30, 2022
Amount Raised
$27,850
Target Raise
$25K-$1M
No. Investors
27
Security Price
$1
Number of Employees
12
Cash
$0
Revenue
$0
Short Term Debt
$0
Cost of Goods
$0
Long Term Debt
$0
Net Income
$0

Company Description

Azure is fundamentally changing the construction industry by leveraging 3D printing technology using recycled polymers to prefabricate modern backyard studios, ADUs and homes faster and more affordably than ever before.

Perks

Invest
$1,000
Receive
2% discount on 120 square feet Backyard Studio ($500 value)

Invest
$2,500
Receive
3% discount on 180 square feet small Accessory Dwelling Unit ($1,200 value)

Invest
$5,000
Receive
4% discount on 360 square feet small Accessory Dwelling Unit ($3,200 value)

Invest
$10,000
Receive
5% discount on 720 square feet 1-Bed Accessory Dwelling Unit ($8,000 value)

Invest
$25,000
Receive
6% discount on 900 square feet 2-Bed Accessory Dwelling Unit ($12,000 value)
Lunch with Azure CEO or Co-founder

Key Deal Facts

Revolutionizing construction industry by 3D printing recycled materials
70% faster and 30% less expensive than existing construction methods
Studios can be printed in one day, delivered & installed within a week
2021 revenue increased 265% over 2020
Paid customer deposits for $3.75M in future revenue
Our 14,000 S.F. factory can produce 3 studios/day, generating $19.5M/yr
Design and process are protected by patents

Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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