Hempitecture

Hempitecture

Testing the Waters
Early Stage

Truly sustainable building materials

Truly sustainable building materials

Overview

Raised this Round: Raised: $871,779

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%

Year Founded

2018

Industry

Real Estate & Construction

Tech Sector

AgriTech

Location

Ketchum, Idaho

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 $871,779 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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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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Hempitecture on Wefunder 2024
Platform: Wefunder
Security Type: SAFE
Valuation: $40,000,000

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