Boxabl

Mass Production Building System

Boxabl

Mass Production Building System

North Las Vegas, NV
Hospitality
Boxabl has created a building system that's compatible with scalable factory mass production. Our mission is to significantly lower the cost of homeownership for everyone. Obsessively designed to the highest standards of quality, strength, and sustainability to last for generations.

$3,586,555

raised
$76,032,663
previously crowdfunded
1,547
Investors
$3.36B
Valuation
$0.80
Price per Share
$1,000.00
Min. Investment
Preferred
Shares Offered
Equity
Offering Type
$3.63M
Offering Max
Reg CF
Offering

$3,586,555

raised
$76,032,663
previously crowdfunded
1,547
Investors
$3.36B
Valuation
$0.80
Price per Share
$1,000.00
Min. Investment
Preferred
Shares Offered
Equity
Offering Type
$3.63M
Offering Max
Reg CF
Offering




*Rendering of Boxabl. Images are computer generated demo versions.

Overview


A better way to build



Most car factories like Ford or Tesla build approximately one car per minute. Isn’t it time we do that for houses? Boxabl’s goal is to scale up production and one day make that a reality.


We're offering a better, sustainable, and cost-effective way to build everything from houses to commercial buildings. While most buildings are still built by hand, one at a time, we hope that our building system can change this and bring building construction into the factory.


In 2020 we started raising money from investors to build a new type of house factory, we did just that, and now we are shipping houses.


We have proven our ability to execute, now we want to take things to the next level.


We are now seeking to raise approximately $1.07 billion dollars to build one of the largest and most advanced housing factories to make upscale housing affordable for everyone.


($500m Reg D equity, $500m debt, $68.5M Reg A+)

THE PROBLEM


Housing construction is stuck in the past





The Market


Demand for accessory dwelling units is growing*

Backyard accessory dwelling units (ADU) are increasing in popularity in California and other places due to new laws that streamline the permitting process and allow construction in more places (Source). We have already received interest from customers for Casitas that will far exceed our ability to supply product for the next several years. 


Source


Source


The Solution


A factory for mass-produced housing

We have made it possible to mass-produce housing in a factory through shipping and manufacturing innovations. Our room module, the Casita, folds up to a shippable dimension, and upon arrival unfolds and sets up to a complete house in just a few hours. 



The product is planned to include washer, dryer, fridge, stove, bathroom, kitchen, electric, HVAC and more. Just add your bed or couch and you have a turnkey, ready-to-go home. 

We are working with third-party testing vendors to ensure our products are stronger, safer, and more sustainable than that of other housing competitors.


*Rendering of Boxabl. Images are computer generated demo versions.

The product doesn't end at the Casita. We have engineered an entire building system where different sized room modules stack and connect to create any building type.


We plan to mass produce room modules in the factory and then sell them to builders and developers who permit and install them. Right now, we are focused on the Accessory Dwelling Unit market in California, but our innovative design means Boxabl can be used to construct most building types

Traction


We have the demand and we're already producing


Our product has already received enthusiastic demand from potential customers. 


Here’s a snapshot of where we’re at: 



Our innovative system is protected by 39+ patent filings and growing

why invest


Isn't it time we build houses the way we build everything else?

We have a solution to bring building construction into the modern manufacturing era. We have found inventive ways of making it possible to manufacture, ship, and customize factory-made, high-quality housing. 


*Images are computer generated examples of what a completed build using Boxabl room modules could look like. Non-casita Boxabl room modules are still in the pre-prototype stage.


Our plan is to scale worldwide using a “partner factory model.” We will take our branding, quality control, intellectual property, custom equipment, custom raw materials, plus more, and share it with partners who will start their own factories around the world.



The partners will bring their capital, labor and local market knowledge to set up and operate our closely monitored factories. The Boxabl mothership in Nevada will continue to develop upgrades to our products and manufacturing processes to share this with our partners on an ongoing basis. Using this partner factory model, we plan to continue expanding our reach.


We are excited about our future and invite you to invest in this opportunity and join Boxabl as we continue to innovate the construction industry!





Offering Summary


Company

:

BOXABL INC.

Corporate Address

:

5345 E. N. Belt Road, North Las Vegas, NV 89115

Offering Minimum

:

$10,000.00

Offering Maximum

:

$3,625,572.80

Minimum Investment Amount

(per investor)

:

$1000.00











Terms


Offering Type

:

Equity

Security Name

:

Series A-2 Preferred Stock

Minimum Number of Shares Offered

:

12,500

Maximum Number of Shares Offered

:

4,531,966

Price per Share

:

$0.80

Pre-Money Valuation

:

$3,359,267,620.00












The Company will not incur any irregular use of proceeds.


Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$34,617,526.00 USD
$4,806,007.00 USD
Cash And Cash Equivalents
$21,415,506.00 USD
$3,676,341.00 USD
Accounts Receivable
$488,949.00 USD
$0.00 USD
Short Term Debt
$8,951,622.00 USD
$3,441,068.00 USD
Long Term Debt
$32,464,357.00 USD
$167,700.00 USD
Revenues And Sales
$1,955,795.00 USD
$90,000.00 USD
Costs Of Goods Sold
$5,313,969.00 USD
$90,000.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$13,584,157.00 USD
-$1,162,792.00 USD

Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


Updates

There's Still Time to Join the Waitlist!

about 1 month ago

Thank you for investing in Boxabl! While we've reached our $3.6M cap, there is still time to join the waitlist.

We’ve now raised over $133M+, including $34M from 14.9K+ StartEngine investors - and that funding is helping us continue to innovate the construction industry. We hope you'll join the waitlist to be the first to know about any future offerings. 

$3M Raised, Less than $600K until offering max reached!

about 1 month ago

Thank you for investing in Boxabl! We are thrilled to announce that we are less than $600K away from reaching our funding goal of $3.63M within just hours of launching! Don’t miss the opportunity to invest at these terms!

$1.82M raised in hours, we’re halfway to our funding goal!

about 1 month ago

Thank you for your support and belief in our ability to change the world! Thanks to investors, like you, Boxabl has raised $130M in funds to date with $29M+ raised on StartEngine, making it the largest raise behind StartEngine OWN! 

Due to the increasing demand to join us in innovating the construction industry, we’ve launched our second Reg CF campaign that is now accepting investments! Some notable milestones to date include:

• Setting up a 170,000-square-foot manufacturing facility in less than a year

• Raising a grand total of $130M+ from over 30,000+ investors 

• Earning a shoutout from Elon Musk himself who called our casitas a “cool product” – thanks, Elon!

• Achieving LEED certification and hurricane wind ratings on all our houses 

• Forming a strategic partnership and securing investment fromD.R. Horton (aka the largest home builder in the US)

• Filing over 50 patents

• Launching construction on our second factory 

• Building a customer waitlist of over 100,000 people, indicating potential demand worth billions of dollars 

• Teaming up with Volkswagen Group's Porsche Consulting Inc. for the design and  implementation of Boxabl’s new factory 

• Shipping houses everyday

 

“I can’t think of a larger market to disrupt or a product with a bigger potential upside. We can change housing on a scale the world has never seen.” – Galiano Tiramani, Boxabl Founder. 

Boxabl has raised over $1M in less than 2 hours of Reg CF launching!

about 1 month ago


Thank you for investing in Boxabl! We are ecstatic to announce that we are halfway to our funding goal within just hours of launching! We’re quickly approaching our offering max of $3.63M, where we’ll stop accepting investments. Join us while you can as we continue to innovate the construction industry!

Boxabl Reg A+ Raises $24M+ on StartEngine, Reg CF2 is now accepting investments!

about 1 month ago

Thank you for your support and belief in our ability to change the world! Thanks to investors, like you, Boxabl has raised $168M in funds to date with $29M+ raised on StartEngine, making it the largest raise behind StartEngine OWN! 

Due to the increasing demand to join us in innovating the construction industry, we’ve launched our second Reg CF campaign that is now accepting investments! Some notable milestones to date include: 

• Setting up a 170,000-square-foot manufacturing facility in less than a year 

• Raising a grand total of $168M+ from over 30,000+ investors 

• Earning a shoutout from Elon Musk himself who called our casitas a “cool product” – thanks, Elon!

• Achieving LEED certification and hurricane wind ratings on all our houses 

• Forming a strategic partnership and securing investment fromD.R. Horton (aka the largest home builder in the US)

• Filing over 50 patents

• Launching construction on our second factory 

• Building a customer waitlist of over 100,000 people, indicating potential demand worth billions of dollars 

• Teaming up with Volkswagen Group's Porsche Consulting Inc. for the design and  implementation of Boxabl’s new factory 

• Shipping houses everyday

 

“I can’t think of a larger market to disrupt or a product with a bigger potential upside. We can change housing on a scale the world has never seen.” – Galiano Tiramani, Boxabl Founder. 

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