Stride Development
About this raise: Stride Development is raising funds on Wefunder. The company builds housing using innovative designs and construction methods. Stride Development lowers utility costs and reduces carbon emissions to improve residents’ health and create safe spaces. The buildings of Stride Development are affordable, future- and inflation-proof, and lower energy use and bills by 90%. Tyrone Grandstrand founded Stride Development in August 2022. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $950,000. The campaign proceeds will be used for affordable housing application fees and requirements, architect and design expenses, and land purchase costs.
Investment Overview
Invested : $90,135
Deal Terms
Total Commitments ($USD)
- Platform
- Wefunder
- Start Date
- 12/22/2023
- Close Date
- 04/22/2024
$50,000
$950,000
$100
Revenue Share
Pre-Seed
RegCF
2.00X
2.00%
Company & Team
Company
- Year Founded
- 2022
- Industry
- Real Estate & Construction
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- High
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/22/2024 | Wefunder | - | $90,135 | Revenue Share | Funded | RegCF |