Containing Luxury
About this raise
Containing Luxury, with a valuation of $15 million, is raising funds on StartEngine. The company makes eco-friendly and affordable container homes to address the growing housing demand. Containing Luxury homes provide flexibility without compromising comfort and convenience, and address housing challenges like affordability and safety in hurricane-prone areas. Blake Madgett founded Containing Luxury in August 2023. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $1.23 million. The campaign proceeds will be used for working capital, company employment, sales and marketing development, and inventory.
Investment Overview
Invested : $446,415
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 12/12/2023
- Close Date
- 04/29/2024
$15,000
$1,235,000
$101
Equity - Common
Seed
RegCF
$1.50
$15,000,000
Company & Team
Company
- Year Founded
- 2023
- Industry
- Real Estate & Construction
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- High
Financials
-
Revenue
- $881,119
- Monthly Burn
- Profitable
- Cash on Hand
- $6,630
- Gross Margin
- 47%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $12,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/29/2024 | StartEngine | $15,000,000 | $446,415 | Equity - Common | Funded | RegCF |