Incredible Tiny Homes

Incredible Tiny Homes

Open  for investment

About this raise: Incredible Tiny Homes, with a valuation of $104.2 million, is raising funds on StartEngine. The company provides affordable, high-quality, and bespoke living solutions with its tiny and cozy homes. Incredible Tiny Homes provides classic to modern designs and full customization with elevated craftsmanship to suit individual needs. The business has sold thousands of homes and developed over 230 community lots and plans to expand into five Tennessee locations and beyond. Randy Jones founded Incredible Tiny Homes in March 2016. The current crowdfunding campaign has a minimum target of $7,495.46 and a maximum target of $4.4 million. The campaign proceeds will be used for research and development, marketing, company employment, growth and expansion, and working capital.

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Investment Overview

Committed this round: $7,769

Deal Terms

Total Commitments ($USD)

Platform
StartEngine
Start Date
12/03/2024
Close Date
03/03/2025
Min. Goal
$7,495
Max. Goal
$4,438,374
Min. Investment

$497

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$5.18

Pre-Money Valuation

$104,203,346

Company & Team

Company

Year Founded
2016
Industry
Real Estate & Construction
Tech Sector
Proptech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
High
Location
Newport, Tennessee
Business Type
Growth
Company Website
Visit Website

Team

Employees
103
Prior Founder Exits?
No
Founder Name
Randy Jones
Title
CEO

Financials

as of October 31, 2024
 Revenue +50% YoY
$16,463,858
 Monthly Burn
$630,300
 Cash on Hand
$334,000
Gross Margin
42%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$16,463,858

$10,971,947

COGS

$9,469,700

$10,023,224

Tax

$419,150

$-295,609

 

 

Net Income

$1,139,074

$-736,882

Summary Balance Sheet

FY 2023 FY 2022

Cash

$1,065,783

$1,139,168

Accounts Receivable

$5,527,146

$3,471,083

Total Assets

$20,546,702

$9,744,583

Short-Term Debt

$20,496,020

$10,832,975

Long-Term Debt

$0

$0

Total Liabilities

$20,496,020

$10,832,975

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$561,625
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
03/03/2025 StartEngine $104,203,346 $7,769 Equity - Common Active RegCF
08/12/2024 StartEngine $103,600,000 $569,152 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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Incredible Tiny Homes on StartEngine 2024
Platform: StartEngine
Security Type: Equity - Common
Valuation: $104,203,346
Price per Share: $5.18

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