ZenniHome

ZenniHome

Growth Stage

Transforming the $380B US housing market with robotic smart homes

Transforming the $380B US housing market with robotic smart homes

Overview

Raised to Date:
$3,940,446 - RegCF
$14,067,346 - Total

Total Commitments ($USD)

Platform

Wefunder

Start Date

04/30/2023

Close Date

05/07/2024

Min. Goal
$50,000
Max. Goal
$5,000,000
Min. Investment

$250

Security Type

Equity - Preferred

Series

Seed

SEC Filing Type

RegCF / RegD 506(c)    Open SEC Filing

Price Per Share

$7.11

Pre-Money Valuation

$75,000,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

05/21/2024

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$10,593

# of Investors

2,426

Momentum
Funded
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Year Founded

2022

Industry

Real Estate & Construction

Tech Sector

Proptech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Location

PAGE, Arizona

Business Type

Growth

ZenniHome, with a valuation of $75 million, is raising funds on Wefunder. The company makes robotic smart homes to provide attainable housing and cost certainty for developers. The homes of ZenniHome are beautifully designed and factory-built with precision using recycled steel to make them more durable and sustainable. ZenniHome is led by an experienced team and has 40,000 soft orders for its pre-launch. Bob Worsley and Stephen James founded ZenniHome in March 2022. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $5 million. The campaign proceeds will be used for hiring, materials and labor for plant production, and sales, marketing, and promotion.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-3,061,256

$-692,310

Summary Balance Sheet

FY 2022 FY 2021

Cash

$228,118

$32,271

Accounts Receivable

$50,000

$0

Total Assets

$7,653,369

$493,843

Short-Term Debt

$228,282

$200,000

Long-Term Debt

$583,041

$0

Total Liabilities

$811,323

$200,000

Financials as of: 04/30/2023
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ZenniHome on Wefunder 2023
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $75,000,000
Price per Share: $7.11

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