Boxabl offering is now closed and is no longer accepting investments.
INVEST IN BOXABL TODAY!
Mass Production Building System
$4,943,912.16 Raised
*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!
ABOUT
HEADQUARTERS
5345 E. N. Belt Road
North Las Vegas, NV 89115
WEBSITE
View Site
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.
TERMS
Boxabl
Overview
PRICE PER SHARE
$0.80
DEADLINE
Feb 21, 2023
VALUATION
$3.36B
AMOUNT RAISED
$4,943,912.16
Breakdown
MIN INVESTMENT
$1,000
MAX INVESTMENT
$4,961,703.32
MIN NUMBER OF SHARES OFFERED
12,500
OFFERING TYPE
Equity
ASSET TYPE
PREFERRED
SHARES OFFERED
Series A-2 Preferred Stock
MAX NUMBER OF SHARES OFFERED
6,202,129
Maximum Number of Shares Offered subject to adjustment for bonus shares
Company | : | BOXABL INC. |
Corporate Address | : | 5345 E. N. Belt Road, North Las Vegas, NV 89115 |
Offering Minimum | : | $10,000.00 |
Offering Maximum | : | $4,961,703.32 |
Minimum Investment Amount(per investor) | : | $1,000.00 |
Terms
Offering Type | : | Equity |
Security Name | : | Series A-2 Preferred Stock |
Minimum Number of Shares Offered | : | 12,500 |
Maximum Number of Shares Offered | : | 6,202,129 |
Price per Share | : | $0.80 |
Pre-Money Valuation | : | $3,359,267,620.00 |
ALL UPDATES
11.22.22
Notice of Material Change in Offering
[The following is an automated notice from the StartEngine team].
Hello! Recently, a change was made to the Boxabl offering. Here's an excerpt describing the specifics of the change:
Issuer is extending the campaign end date and increasing offering maximum
When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.
08.26.22
There's Still Time to Join the Waitlist!
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.
08.26.22
$3M Raised, Less than $600K until offering max reached!
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!
08.25.22
$1.82M raised in hours, we’re halfway to our funding goal!
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.
08.25.22
Boxabl has raised over $1M in less than 2 hours of Reg CF launching!
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!
08.25.22
Boxabl Reg A+ Raises $24M+ on StartEngine, Reg CF2 is now accepting investments!
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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