Modern Mill
About this raise
Modern Mill, with a valuation of $450 million, is raising funds on StartEngine. It is a US-based manufacturer of sustainable building materials. Modern Mill uses its innovative and eco-friendly wood alternative that is 100% tree-free and is used to make siding, decking, and trim with superior aesthetics. The business generated $19 million in revenue in 2023 and has been featured in Fast Company, Forbes, and This Old House. Chris Guimond and David Guimond founded Modern Mill in October 2018. The current crowdfunding campaign has a minimum target of $9,999.72 and a maximum target of $4.99 million. The campaign proceeds will be used for research and development, inventory, operations, company employment, marketing, and working capital.
Investment Overview
Committed : $567,563
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 04/11/2025
- Close Date
- 04/30/2025
$10,000
$4,999,999
$376
Equity - Common
Growth Stage
RegCF
$1.88
$450,000,001
Company & Team
Company
- Year Founded
- 2018
- Industry
- Real Estate & Construction
- Tech Sector
- Location
- Mccomb, Mississippi
- Company Website
-
Visit Website
Financials
-
Revenue
-
$19,062,315
as of FY2024
- Monthly Burn
-
$1,000,000
as of Jan '25
-
Runway
-
0.5 months
as of Jan '25
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/30/2025 | StartEngine | $450,000,001 | $567,563 | Equity - Common | Active | RegCF |