Hempitecture

Hempitecture

Testing the Waters
Early Stage

Truly sustainable building materials

Truly sustainable building materials

Overview

Raised to Date: Raised: $854,605

Total Commitments ($USD)

Platform

Wefunder

Start Date

03/18/2024

Close Date

Testing the Waters

Min. Goal
N/A - TTW
Max. Goal
N/A - TTW
Min. Investment

$100

Security Type

SAFE

SEC Filing Type

Test the Waters    Open SEC Filing

Valuation Cap

$40,000,000

Discount

0%

Rolling Commitments ($USD)

Status

Active

Reporting Date

04/26/2024

% of Min. Goal
N/A - TTW
% of Max. Goal
N/A - TTW
Likelihood of Max
N/A - TTW
Avg. Daily Raise

$21,913

Momentum
N/A - TTW
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Year Founded

2018

Industry

Real Estate & Construction

Tech Sector

AgriTech

Location

Ketchum, Idaho

Company Website

Hempitecture, with a valuation of $40 million, is testing the waters on Wefunder. The company is building a US manufacturing facility for HempWool insulation. HempWool is a sustainable insulation product that is not toxic and bad for the environment. The company grew its sales by 50% year-over-year in 2023 and 200% year-over-year in 2024 YTD and has secured a $1.1 million contract with the New York State Energy & Research Development Authority. Matthew Mead and Tommy Gibbons founded Hempitecture in September 2018. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1 million. 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 $854,605 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 2024
Platform: Wefunder
Security Type: SAFE
Valuation: $40,000,000

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Deal Analytics
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