Azure Printed Homes

Azure Printed Homes

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

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Security Type
Crowd SAFE
Min Investment
$250
Location
Los Angeles, CA
Offering Date
April 22, 2022
Expected Close Date
April 29, 2024
Target Raise
$50.00K-$4.60M
No. Investors
139
Security Price
$1
Number of Employees
17
Cash
$59,225
Revenue
$3,977,272
Short Term Debt
$437,608
Cost of Goods
$3,223,046
Long Term Debt
$1,654,378
Net Income
$-818,193

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

Management Team / Advisory Board Bios

Ross Maguire
Co-Founder & CEO

Yuri Eidelman
Co-Founder

Anthea Tatum
Director of Finance

Gene Eidelman
Head of Business Development

Ron Barnoy
Head of Growth

Kyrstin Munson
Strategy Advisor

Tobias Duschl
Operations Advisor

Steven Berggren
Production Advisor

Clemens Kownatzki
Finance Advisor
Amount Raised : $154,273
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Valuation

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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