Azure Printed Homes

Growth Stage

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

Overview

Raised to Date: Raised: $167,800

Total Commitments ($USD)

Platform

Wefunder

Start Date

11/16/2022

Close Date

01/31/2023

Min. Goal

$50,000

Max. Goal

$4,400,000

Min. Investment

$250

Security Type

SAFE

Series

Seed

Funding Type

RegCF

Valuation Cap

$26,000,000

Discount Rate

10%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

02/01/2023

Days Remaining
Funded
% of Min. Goal

336%

% of Max. Goal

4%

Likelihood of Max
Funded
Avg. Daily Raise

$2,208

# of Investors

118

Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Location

Culver City, California

Industry

Real Estate & Construction

Tech Sector

AutomationTech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Business Type

Growth

Azure Printed Homes, with a valuation of $26 million, is raising funds on Wefunder. 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 has generated over $3 million in revenue in the past 12 months and grown its pre-sales from $3.5 million in June 2022 to $19 million in October 2022. Ross Maguire and Yuri Eidelman founded Azure Printed Homes in March 2022. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $4.4 million. The campaign proceeds will be used for hiring, R&D, marketing, purchasing new equipment, and working capital.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$3,474,284

$1,313,335

COGS

$2,736,647

$964,145

Tax

$0

$0

 

 

Net Income

$-226,698

$-395,082

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$48,606

$16,662

Accounts Receivable

$0

$18,765

Total Assets

$153,119

$35,427

Short-Term Debt

$451,447

$351,155

Long-Term Debt

$440,978

$196,880

Total Liabilities

$892,425

$548,035

Financials as of: 11/16/2022
Create a free account today to gain access to KingsCrowd analytics.

Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Azure Printed Homes 01/31/2023 Wefunder $26,000,000 $167,800 SAFE Funded RegCF
Azure Printed Homes 10/02/2022 Republic $24,000,000 $596,869 SAFE Funded RegCF
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$12.42 /month
billed annually
Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings (excluding risk)
Advanced company search ( with ratings)
Markets page filters and historical industry data
Get Edge Annual

Edge Pro

$41.58 /month
billed annually
Full site access including KingsCrowd's qualitative analyst reports.
Plan Includes:
Everything in Edge, plus
Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
Search and filter based on Analyst Reports
In-depth risk ratings for every raise
Get Edge Pro Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Create your first portfolio

Create your very own investment portfolio on KingsCrowd.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Azure Printed Homes on Wefunder 2022
$
Platform: Wefunder
Security Type: SAFE
Valuation: $26,000,000
Invest in a different round for this company? Use my investment date to determine which raise I invested in.

Follow company

Follow Azure Printed Homes on Wefunder 2022
View on Wefunder (Closed)