About this raise

Geoship, with a pre-money valuation of $9 million, is raising funds on StartEngine. The company designs healthy, affordable, and regenerative homes, connecting human communities with the natural world. Geoship is bringing a homebuilding revolution with its zero-carbon ceramic homes that are non-toxic, fireproof, natural calamities resistant, and recyclable. Geoship was founded by Bas Kools and Morgan Bierschenk in 2015, with its first corporate partnership in 2019. The current crowdfunding round of the company has a minimum target of $10,000 and a maximum target of $107,000, and the proceeds will be used to purchase molds and equipment for the pilot plant. Geoship designs and produces bioceramic panels with high quality and low cost and is set to address most of the issues related to present-day housing.

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Investment Overview

Invested this round: $1,069,855

Deal Terms

Total Commitments

Platform
StartEngine
Start Date
01/03/2020
Close Date
06/30/2020
Min. Goal
$10,000
Max Goal
$1,070,000
Min. Investment

$305

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.54

Pre-Money Valuation

$8,996,400

Company & Team

Company

Year Founded
2014
Industry
Real Estate & Construction
Tech Sector
Proptech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
High
Location
Nevada City, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
5
Founder Name
Morgan Bierschenk
Title
CEO
Founder Name
Bastiaan Kools
Title
Creative re-Director

Financials

 Revenue
$0
 Monthly Burn
$6,131
 Runway
0 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-73,572

$-97,510

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$6,054

$4,291

Short-Term Debt

$10,266

$4,655

Long-Term Debt

$131,991

$89,491

Total Liabilities

$142,257

$94,146

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
12/16/2024 Wefunder $44,000,000 $7,327,559 SAFE Funded RegCF / RegD 506(c)
04/30/2023 Republic $45,000,000 $407,279 SAFE Funded RegCF
06/28/2022 StartEngine $54,309,193 $597,445 Equity - Common Funded RegCF
06/30/2020 StartEngine $8,996,400 $1,069,855 Equity - Common Funded RegCF
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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Geoship on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $8,996,400
Price per Share: $0.54

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