Hempitecture

Hempitecture

Testing the Waters
Early Stage

Hempitecture is building a US manufacturing facility for HempWool® insulation

Hempitecture is building a US manufacturing facility for HempWool® insulation

Overview

Raised to Date: Raised: $3,735,028

Total Commitments ($USD)

Platform

Wefunder

Start Date

05/27/2021

Close Date

Testing the Waters

Min. Goal
Funded
Max. Goal
Funded
Min. Investment

$100

Security Type

SAFE

SEC Filing Type

Test the Waters / RegCF    Open SEC Filing

Valuation Cap

$25,000,000

Discount

0%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

02/27/2022

% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$14,763

# of Reservations

1,531

Momentum
Funded
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Year Founded

2018

Industry

Real Estate & Construction

Tech Sector

AgriTech

Location

Ketchum, Idaho

Hempitecture, with a valuation of $25 million, is testing the waters on Wefunder. The company is building a US manufacturing facility for HempWool insulation. HempWool is a sustainable insulation product and not toxic and bad for the environment. Hempitecture has over 250 customers and has generated over $1 million in total revenue. The company has federal partnerships with the US Department of Energy and the Building Technologies Office. Matthew Mead and Tommy Gibbons founded Hempitecture in 2019. The current crowdfunding campaign has a minimum target of $100 and a maximum target of $5,000,000. The campaign proceeds will be used for growth and expansion.
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Hempitecture 09/18/2024 Wefunder $40,000,000 $832,007 SAFE Active Test the Waters
Hempitecture 04/29/2022 Wefunder $22,500,000 $4,621,680 SAFE Funded RegCF
Hempitecture 02/04/2022 Wefunder $25,000,000 $3,735,028 SAFE Funded Test the Waters / RegCF
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Price per Share History

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

Valuation History

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.

Employee History

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Hempitecture on Wefunder 2021
Platform: Wefunder
Security Type: SAFE
Valuation: $25,000,000

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