Apis Cor

Construction with robotic precision

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Security Type
Equity
Categories
Manufacturing, Service Businesses
Min Investment
$250
Location
Melbourne, FL
Offering Date
September 30, 2022
Expected Close Date
April 29, 2024
Target Raise
$15.00K-$3.62M
No. Investors
107
Security Price
$1.47
Valuation
$99,999,999
Website
apis-cor.com
Number of Employees
5
Cash
$480,985
Revenue
$54,849
Short Term Debt
$260,175
Cost of Goods
$0
Long Term Debt
$226,494
Net Income
$-1,538,912

Company Description

As a construction technology company, we are developing technology to build low-rise buildings all robotically. Using precision through concrete 3D printing technology, we believe we can build concrete, durable houses within 2-3 months and within a week in the future, allowing homebuilders to expand their construction output while reducing costs. Currently in the market, we’ve already deployed our technology in Dubai, Boca Chica TX, and Missouri, with more locations on the way.

Perks

Select this bonus $250+ Investment StartEngine Owner’s Bonus This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below. Select this bonus Friends and Family Early Birds Invest within the first 72 hours and receive 15% bonus shares 2 days 13 hours 41 mins 40 secs Select this bonus $500+ Investment $500+ Receive access to Apis Cor’s Online course Fundamentals of Construction 3D Printing (C3D-1100) Select this bonus $1,000+ Investment $1,000+ Receive access to online course 1st and 2nd Fundamental Construction + Construction from A to Z Select this bonus $2,500+ Investment $2,500+ Online course 1st and 2nd Fundamental Construction + Construction from A to Z + live Q&A with Director Trevor Ragno Adding to a waitlist for a 3D printed house built by Apis Cor, its affiliates, subsidiaries, panthers or for Apis Cor’s 3D Printer Select this bonus $10,000+ Investment $10,000+ One Night in one of Apis Cor’s 3D printed houses when they are available by Apis Cor sole discretion. Can be redeemed within 2 years + 5% shares Select this bonus $25,000+ Investment $25,000+ sole discretion Invitation to construction site to see Live printing of a house when it is available by Apis Cor sole discretion +10% share bonus Select this bonus $50,000+ Investment $50,000+ One night in in one of Apis Cor’s 3D printed houses when they are available Invitation to construction site to see Live printing of a house + 15% share bonus

Key Deal Facts

We are an award-winning company that believes we can build walls of standard single-family houses within 60 hours (which is one week) compared to 5-8 weeks of traditional construction for walls alone. This will allow us to build finished houses within 2-3 months compared to 7-12 months that it takes currently with traditional construction.* We are tackling the construction market, which is $16 trillion and keeps growing. Plus the construction 3D printing market is going to hit $40 Billion by 2027.** The world needs to build more than two billion new homes over the next 80 years. Our goal by 2027 is to have 400 printers in operation by construction companies.*** This amount of printers can deliver at least 20,000 houses annually. Our goal is to grow exponentially to significantly increase annual construction output using our technology worldwide.

Management Team / Advisory Board Bios

Trevor Ragno Director of construction Technologies Bachelor of Science Degree in Real Estate and Business Management with an Associates Degree in Urban Planning.  Master's Degree in Real Estate. Author of "Aerial Transit Oriented Development as a Framework for Intermodal Vertiport Site Selection". Trevor Ragno (Director of Construction Technologies, Apis Cor) studied Real Estate, Management, and Urban Planning at Florida State University and received his Masters of Real Estate Development from Clemson University. After years of working in the commercial-scale additive manufacturing industry, Mr. Ragno began developing commercial real estate throughout the eastern United States including office, retail, self-storage, multi-family, and data center projects. He is a Partner of Aeronyde, a leading company in drone-based construction progress monitoring, and his book on“Aerial Transit Oriented Planning” is a leading publication on vertiport site selection and development. In his role at Apis Cor, Mr. Ragno successfully led construction efforts for multiple 3D printed buildings in the US, and played a key role in developing Apis Cor University, which is the world's first educational institution dedicated solely to additive construction. Mr. Ragno is actively involved with ULI, ICSC, NAIOP, CCIM and the USGBC." Laurie Elliot Fractional CFO Laurie Elliott brings over twenty-five years of experience in accounting, finance and operational management to CFO Strategic Partners. She holds a bachelor’s degree in accounting and an MBA in Finance. She started her career with Marks Paneth LLP and PricewaterhouseCoopers (PwC) where she specialized in Emerging Business Services. In that role, she was involved with the owners, accounting departments and engagement leadership providing audit, tax and process improvement services in various industries including entertainment, professional services and transportation.  Laurie left PwC to become the VP, Controller and Chief Accounting Officer of Global Spill Management, Inc., a national environmental contracting, consulting, manufacturer, distributor, where she facilitated rapid growth through acquisitions and helped to take the company public. She then joined Team Penske, a Truck leasing company, and rose to VP Finance for the Penske Motor Group with over $1 billion in revenue where her financial acumen was strengthened developing KPI’s, financial analyses, forecasts and projections for the company and targeted acquisitions. Her role with Team Penske further expanded her industry experience to include automotive sales and service, leasing, supply chain logistics management, and racing & motor speedways. In a desire to return to her entrepreneurial roots, she joined the professional consulting firm Strategic Analysis Inc. (SAI) as their CFO. During her tenure, she helped SAI grow to 20 entities across 5 continents and become a top firm in the business intelligence niche.  With her relocation to Florida, she became the VP Accounting and Finance and Chief Accounting Officer for a private equity owned national car rental company, tasked with turning around the accounting and finance functions and positioning the company for sale. In her time with CFO Strategic Partners, Laurie has served as the outsourced CFO for clients in entertainment, construction, and business services, among other industries. Laurie’s depth and breadth of experience allows her to serve as a valued strategic partner to executive management.  “I’m excited to continue my passion in consulting through my work with CFO Strategic Partners and apply my past experience and knowledge to help our clients achieve their goals.” Paul Cejas Advisor Former Chief Engineer Off-Boeing programs and Deputy CTO -Autonomous Systems at Boenig. Malcolm Baldridge Award winning Aerospace Engineering Director with a proven track record of managing $100M+ successful defense programs. Key skill is the ability to communicate with Sr. Leadership as well as execution teams in a way that breaks down and simplifies complex concepts, resulting in informed decisions. Successes include co-creation of the Air Combat Teaming System concept and strategy, QF-16 Development and Operational Capability, MQ-25 Electromagnetic Effects integration, EA-18G Production start-up, F/A-18E/F Flight Controls, Harpoon Supply Chain integration, and AV-8B VTOL controls, all resulting in award winning teams.I have an MBA with a Finance emphasis from the University of Missouri in St. Louis, and a Bachelor of Science degree in Aerospace Engineering from Georgia Tech. Most recent experience has been working with unmanned vehicles, and helping establish the vision for the future of this disruptive technology.

Amount Raised : $200,870
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