Green Canopy NODE
About this raise
Green Canopy NODE, with a valuation of $45 million, is raising funds on StartEngine. The company makes its key manufactured products for the construction industry. The products of Green Canopy NODE help developers build healthier and more sustainable homes faster. The company is vertically integrated for construction technology, real estate development, and fund management and has created an innovative ecosystem for all the services. Green Canopy NODE’s products are already in use and have been installed in residential communities in the Pacific Northwest. Bec Chapin, Aaron Fairchild, and Sam Lai founded Green Canopy NODE in February 2010. The current crowdfunding campaign has a minimum target of $9,937.09 and a maximum target of $1.23 million. The campaign proceeds will be used to launch the existing products to other builders and developers, grow the market service area, and help get more housing built faster.
Investment Overview
Invested $169,192 :
Deal Terms
Company & Team
Company
- Year Founded
- 2010
- Industry
- Real Estate & Construction
- Tech Sector
- Distribution Model
- B2B
- Margin
- Low
- Capital Intensity
- High
Financials
- Revenue -46% YoY
- $13,316,478
- Monthly Burn
- $142,885
-
Runway
- 24+ months
- Gross Margin
- 5%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $14,934,924
- VC Backed?
- No
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
02/21/2023 | StartEngine | $45,000,000 | $169,192 | Equity - Preferred | Funded | RegCF |
Founder Interview
Green Canopy NODE Co-CEOs Aaron Fairchild and Bec Chapin on Advancing the Construction Industry
Last year, the human population reached 8 billion -- and it’s still growing. With so many people competing for places to live, we need to rethink the housing industry as we know it -- for the planet’s sake and for ours.Green Canopy NODE is working to do just that. The company covers multiple corners of the industry, offering construction products, dealing in real estate development, and operating as a real estate fund management firm. We reached out to co-CEOs Aaron Fairchild and Bec Chapin to hear more about Green Canopy NODE’s defensibility and the team’s origins.
Note: This interview was conducted over phone and email. It has been lightly edited for clarity and length.