Azure Printed Homes
3D printed homes made from recycled materials—fast, affordable, and sustainable
Overview
Raised: $596,869
Rolling Commitments ($USD)
Status
Funded
Reporting Date
10/31/2022
Days Remaining
Funded
% of Min. Goal
2,387%
% of Max. Goal
56%
Likelihood of Max
Funded
Avg. Daily Raise
$5,426
# of Investors
550
Momentum
Funded
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Year Founded
2022
Industry
Real Estate & Construction
Tech Sector
AutomationTech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Azure Printed Homes, with a valuation of $24 million, is raising funds on Republic. The company makes 3D-printed homes using recycled materials. The business is revolutionizing the construction industry by using recycled polymers and 3D printing to prefabricate modern backyard studios, ADUs, and homes faster and more affordably. Azure Printed Homes is automating and accelerating production to meet urgent housing demands. The business’ revenue increased 265% in 2021 over 2020 and has paid customer deposits for $3.75 million in future revenue. Ross Maguire and Yuri Eidelman founded Azure Printed Homes in March 2022. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1,070,000. The campaign proceeds will be used to build and complete the production facilities.
Summary Profit and Loss Statement
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COGS |
$0 |
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Tax |
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Net Income |
$0 |
$0 |
Summary Balance Sheet
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Cash |
$0 |
$0 |
Accounts Receivable |
$0 |
$0 |
Total Assets |
$0 |
$0 |
Short-Term Debt |
$0 |
$0 |
Long-Term Debt |
$0 |
$0 |
Total Liabilities |
$0 |
$0 |
Financials as of: 06/14/2022
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Founder Profile
Azure Printed Homes Co-founder Ross Maguire on 3D Printed Homes
Entrepreneur and motivational speaker Jim Rohn once said, “If you don’t like where you are, move. You are not a tree.” But that’s often easier said than done. With home prices and inflation both continuing to rise, not many everyone can afford to uproot and move.Azure Printed Homes is working to make housing more accessible and more sustainable with its 3D-printed living spaces. We spoke with co-founder Ross Maguire about his inspiration for starting this company and the advantages of Azure’s prefabricated units.
Note: This interview was conducted via phone and email. It has been lightly edited for clarity and length.
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