{"data":{"type":"company_profile","id":55750,"entity_id":"wefunder:company:55750","attributes":{"canonical_url":"https://wefunder.com/boxabl","generated_at":"2026-06-09T02:39:18Z","updated_at":"2026-06-08T05:00:28Z","entity_ids":{"company":"wefunder:company:55750","slug":"wefunder:company_slug:boxabl"},"profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-09T02:39:18Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-08T05:00:28Z","as_of":"2026-06-09T02:39:18Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-08T05:00:28Z","as_of":"2026-06-09T02:39:18Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2026-05-26T20:40:40Z","as_of":"2026-06-09T02:39:18Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2026-05-26T20:40:40Z","as_of":"2026-06-09T02:39:18Z","confidence":"medium"}}},"company":{"id":55750,"entity_id":"wefunder:company:55750","slug":"boxabl","name":"Boxabl ","tagline":"Housing meets mass production.","elevator_pitch":"Boxabl will mass produce room modules that stack and connect to create any custom building. We have invented a new way to manufacture buildings that we think can revolutionize the construction industry. To date we have produced demonstration homes but are in the position to mass produce homes following the acquisition of factory space. Goals, -Rapidly manufacture buildings faster than competitors -Reduce costs to lower than competitors -Outperform traditional buildings on ratings","story":"Our first round was a huge success! If you missed it... don't worry.We are still accepting investments from accredited investors. (accredited means over $200k annual salary or $1m net worth)\u0026nbsp;https://www.investor.gov/introduction-investing/general-resources/news-alerts/alerts-bulletins/inves...If you are not accredited then stay tuned... we have another offering in the works for the general public soon. Make sure to add your name to the listhttps://invest.boxabl.com/These are the terms of the new offering-Early access for accredited investors onlyWe are raising money to mass produce the world's most advanced building system and change the lives of billions of people around the globe.Accredited investors get early access and discounted price on our Regulation A+ exempt public offering.What is a regulation A+ public offering?https://www.ipohub.org/regulation-a-plus-mini-ipo/$50m OfferingConvertible noteConverts to equity at 25% discount with 10% interestConverts upon our SEC qualified Regulation A+ exempt public offering (we estimate 2-4 months)What is a convertible note?https://en.wikipedia.org/wiki/Convertible_bondWe founded Boxabl in 2017 and have invested over $2,000,000 of our own money into engineering and research to develop what we believe is the world's greatest building system. Boxabl is a new way to build housing that's better, faster, lower cost and can help solve the housing crisis.Our first product is a 20' x 20' pre-fab studio apartment that unfolds from a shipping container size. We can install it in any customer's backyard in about an hour.It's a great time for our 20x20 product because California laws have recently changed to create a booming market for accessory dwelling units.After the Casita is rolled out successfully\u0026nbsp;we will introduce different sized room modules that\u0026nbsp;\u0026nbsp;stack and connect\u0026nbsp;to build almost any building.\u0026nbsp;We think our product is a solution for a large portion of the worldwide housing market. This includes, multi family, single family residential, disaster relief, military, workforce housing, and much more.Our team, which includes proven innovators, have put millions of dollars into developing this product and now we are ready to take on partners to bring this idea to the next level -a starter production facility that can produce 3,600 homes per year.Our flagship product is called the Casita. Its our smallest room module, 20x20, fitted out as a studio apartment. Although it has many use cases, our market focus is backyard houses in California.The Casita will ship to California for $50,000 including delivery. It can be set up in someone's backyard in less than a day. The product includes washer, dryer, fridge, stove, bathroom, kitchen, electric, HVAVC and more. It is turnkey, ready to go, just add your bed and couch.The Boxabl Casita should be more durable, energy efficient, higher quality and more upscale than traditional buildings.Backyard accessory dwelling units (ADU) are increasing in popularity, demand for these types of buildings is skyrocketing in California and other places. This is due to new laws that make the permitting process easier and faster, and allows these buildings to be built in more places. We have received interest from customers for Casitas that will far exceed our ability to supply product for the next several years. Beyond the ADU market, is general building construction. The planned Boxabl building system should be able to construct almost any building type. This means in the future our potential total attainable market size is very large. Today most buildings are built by hand, one at a time, in the field, we hope that our building system can change this and bring building construction into the factory.Believe Boxabl is on the right track? Well now is your chance to jump on board at this early stage. We think that after the first production Boxabl factory is up and running, the massive potential for this product will be clear and undeniable.Our first factory might make approximately ~300 Casitas per year. This is a very small amount of buildings VS total demand. If our first factory is a success, we expect to multiply the model many times. If you invest in Boxabl now, you are along for the ride on huge potential future growth of Boxabl, including new factories, possibly all around the world.Month 1-2\u0026nbsp;\u0026nbsp; |\u0026nbsp;Identify warehouse space, order basic equipment, continue modular approvalMonth 2-4\u0026nbsp; |\u0026nbsp;Move to warehouse begin slow production ~1 house per week, most components outsourced.Month 4-6\u0026nbsp; |\u0026nbsp;Transition to assembly line style production, output increases to 1/day, bring outsourced component manufacturing in house.Month 6-9\u0026nbsp; |\u0026nbsp;Continue to onboard equipment, add shifts, streamline process.Month 9-12 |\u0026nbsp;Begin rolling out other floor plans.Month 12+\u0026nbsp;\u0026nbsp;|\u0026nbsp;Ready with repeatable factory plans and suppliers, begin seeking franchise/partner factories for expansion, new capital raise for HEAVILY automated factoryAt Boxabl we plan to mass produce and sell room modules. We will sell them to\u0026nbsp;licensed general contractors who will permit and install these units for the end user. We believe it's important for us to focus on manufacturing and bring on value added third party partners for other functions.Our initial product will be the Casita which is expected to retail for $50,000. Soon after we will expand to different models.We have partnered with Porsche Consulting, a\u0026nbsp;Subsidiary of Porsche AG, to build houses the way Porsche builds cars. That means leveraging 80+ years of Porsche manufacturing expertise and over 600+ professionals\u0026nbsp;to setup a Boxabl factory\u0026nbsp;using automation, robotics, and assembly line principles.Isn't it time we build housing like we build everything else?These are forward-looking projections that cannot be guaranteed.BOXABL IS CONSIDERING UNDERTAKING AN OFFERING OF SECURITIES UNDER TIER 2 OF REGULATION A. NO MONEY OR OTHER CONSIDERATION IS BEING SOLICITED, AND IF SENT IN RESPONSE, WILL NOT BE ACCEPTED. NO OFFER TO BUY THE SECURITIES CAN BE ACCEPTED AND NO PART OF THE PURCHASE PRICE CAN BE RECEIVED UNTIL THE OFFERING STATEMENT FILED BY THE COMPANY WITH THE SEC HAS BEEN QUALIFIED BY THE SEC. ANY SUCH OFFER MAY BE WITHDRAWN OR REVOKED, WITHOUT OBLIGATION OR COMMITMENT OF ANY KIND, AT ANY TIME BEFORE NOTICE OF ACCEPTANCE GIVEN AFTER THE DATE OF QUALIFICATION. AN INDICATION OF INTEREST INVOLVES NO OBLIGATION OR COMMITMENT OF ANY KIND.","location":"Las Vegas, NV","website":"https://boxabl.com","total_amount_raised":3221613,"total_investors":930,"is_funded":true,"is_active":true,"quality_score":3,"related_urls":["https://wefunder.com/boxabl","https://boxabl.com"]},"media":{"share_image_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/55750/xxl_cropped_makephotogallery.net_1606967981.jpg","logo_url":"https://uploads.wefunder.com/uploads/company/logo/55750/large_cropped_boxabl-icon-text-dark-circle.png","header_media_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/55750/standard_cropped_makephotogallery.net_1606967981.jpg","cover_photo_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/55750/standard_cropped_makephotogallery.net_1606967981.jpg","profile_video_url":"https://wefunder.wistia.com/medias/xyf4av6ryl"},"links":{"company_url":"https://boxabl.com","twitter_url":"http://twitter.com/_Boxabl","facebook_url":"http://https://www.facebook.com/boxabl/","instagram_url":"https://www.instagram.com/_boxabl/"},"highlights":[],"quick_facts":[{"index":1,"claim_id":"claim-fact-1","value":"ONLY ACCREDITED INVESTORS MAY INVEST. opening back up to the public soon!"},{"index":2,"claim_id":"claim-fact-2","value":"We have secured a 170k ft manufacturing facility."},{"index":3,"claim_id":"claim-fact-3","value":"We have received 2 purchase orders from ADS, Inc., to deliver 156 homes to the federal government."},{"index":4,"claim_id":"claim-fact-4","value":"Paid customer deposits for 2,000+ houses, potential of $100,000,000+ in revenue, 17+ Patent filings"},{"index":5,"claim_id":"claim-fact-5","value":"Massive Interest 20,000+ no deposit Casita reservations, totaling $1 billion in potential orders"},{"index":6,"claim_id":"claim-fact-6","value":"Huge social impact, potential to improve the quality of life for millions of people."},{"index":7,"claim_id":"claim-fact-7","value":"Guided by Porsche Consulting Inc. for the design and implementation of Boxabl’s new factory"},{"index":8,"claim_id":"claim-fact-8","value":"Initial factory is planned to produce 1 casita every 90 minutes. Projected $180m in annual revenue."}],"team":[{"id":911612,"entity_id":"wefunder:company_role:911612","user_entity_id":"wefunder:user:799803","role":"founder","name":"Paolo Tiramani","title":"CEO","bio":"An industrial designer and mechanical engineer Paolo holds over 150 patent fillings which have generated more than $1billion in retail sales. He has funded Boxabl to date through his intellectual property investment company 500 Group.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/911612/square_cropped_0-2.jpg?1665085674","profile_url":"https://wefunder.com/paolo.tiramani","linkedin_url":"https://www.linkedin.com/in/paolo-tiramani","related_urls":["https://wefunder.com/paolo.tiramani"]},{"id":911613,"entity_id":"wefunder:company_role:911613","user_entity_id":"wefunder:user:804486","role":"founder","name":"Kyle Denman","title":"Lead Engineer","bio":"Kyle is the senior engineer leading development of the Boxabl technology. A graduate in Engineering from Stonybrook University he holds over 20 civil engineering and automotive mechanical patents. Kyle comes from a family contractions business.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/911613/square_cropped_0-3.jpg?1589691697","profile_url":"https://wefunder.com/kyle.denman","linkedin_url":"https://www.linkedin.com/in/kyle-denman-018b95a0/","related_urls":["https://wefunder.com/kyle.denman"]},{"id":884218,"entity_id":"wefunder:company_role:884218","user_entity_id":"wefunder:user:704794","role":"employee","name":"Galiano Tiramani","title":"Business development","bio":"Galiano is an entrepreneur who has founded several successful startups. Including a cryptocurrency exchange and ATM network which acts as a custodian for customer funds with an annual trade volume in excess of $10m.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/884218/square_cropped_0-4.jpg?1594859496","profile_url":"https://wefunder.com/galianotiramani","personal_url":"http://boxabl.com","linkedin_url":"https://www.linkedin.com/in/galianotiramani","twitter_url":"https://twitter.com/galianotiramani?lang=en","related_urls":["https://wefunder.com/galianotiramani","http://boxabl.com"]},{"id":919153,"entity_id":"wefunder:company_role:919153","user_entity_id":"wefunder:user:818914","role":"employee","name":"Mike Nelson","title":"Structural Engineer","bio":"Mike began his structural engineering career in 1989. After 13 years developing his skills in commercial and residential projects he focused on structural insulated panels. Mike has worked on SIP projects in 30 States over the last 30 years.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/919153/square_cropped_0-5.jpg?1589691810","profile_url":"https://wefunder.com/mike.nelson.7","linkedin_url":"https://www.linkedin.com/in/mike-nelson-pe-se-11695719/","related_urls":["https://wefunder.com/mike.nelson.7"]},{"id":919163,"entity_id":"wefunder:company_role:919163","role":"employee","name":"Robert fischer","title":"Patent \u0026 General Counsel ","bio":"A graduate of California Berkeley, Stanford and Cooper Union, Bob previously chaired the Licensing and Transactions Practice Group of Fitzpatrick Cella Harper and Scinto, one of the worlds leading I.P firms.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/919163/square_cropped_0-7.jpg?1589694290","linkedin_url":"https://www.linkedin.com/in/robert-fischer-1485a611/","related_urls":[]},{"id":953766,"entity_id":"wefunder:company_role:953766","role":"employee","name":"Hamid Firooznia","title":"Advisor","bio":"Hamid brings 40 years of finance and tax strategies in construction, distribution, engineering, intellectual property and not-for-profit as well as high net worth individuals.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/953766/square_cropped_unnamed.jpg?1594234340","related_urls":[]},{"id":953768,"entity_id":"wefunder:company_role:953768","role":"employee","name":"Caleb Roope","title":"Advisor","bio":"Caleb is principal and CEO of the Pacific Companies, one of America’s largest affordable housing developers. Caleb has shared his insights and guidance, acting as a trusted advisor for the Boxabl project. Caleb recently raised $100m to build Autovol","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/953768/square_cropped_0-8.jpg?1593118851","related_urls":[]},{"id":1021793,"entity_id":"wefunder:company_role:1021793","user_entity_id":"wefunder:user:947510","role":"employee","name":"David Hutchinson","title":"Manufacturing Operations","bio":"David has more than 30 years of leadership experience in telecommunications, defense and aerospace manufacturing. Most recently he was Director of Manufacturing at Daico Industries, Inc., where he drove continuous improvement of processes.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1021793/square_cropped_Screen_Shot_2020-07-05_at_9.14.38_PM.jpg?1594010022","profile_url":"https://wefunder.com/davidhutchinson2","related_urls":["https://wefunder.com/davidhutchinson2"]},{"id":1024638,"entity_id":"wefunder:company_role:1024638","user_entity_id":"wefunder:user:953834","role":"employee","name":"Bojana Paunovic Ex Rakićević","title":"Customer Service Manager","bio":"Bojana has more than 10 years in sales and marketing. Her expertise is focused on understanding clients and and their expectations.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1024638/square_cropped_Screen_Shot_2020-07-08_at_1.48.32_PM.jpg?1594534417","profile_url":"https://wefunder.com/bojana.paunovic.ex.rakievi","related_urls":["https://wefunder.com/bojana.paunovic.ex.rakievi"]},{"id":1029446,"entity_id":"wefunder:company_role:1029446","user_entity_id":"wefunder:user:962623","role":"employee","name":"Kal Bielawski","title":"Business Development","bio":"Kal is an entrepreneurial scholar graduate from the University of Missouri, Kansas City. Through the Regnier Institute for Entrepreneurship and Innovation, he has experience in marketing, scalability, and sustainability.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1029446/square_cropped_Headshot.jpg?1594615207","profile_url":"https://wefunder.com/kal.bielawski","related_urls":["https://wefunder.com/kal.bielawski"]},{"id":1030323,"entity_id":"wefunder:company_role:1030323","user_entity_id":"wefunder:user:963716","role":"employee","name":"Josiah Fannon","title":"Factory Floor Manager","bio":"Josiah has over ten years of commercial construction and electrical experience. He also has several years of business management and field foreman experience as well. He is a Las Vegas native and comes from a family owned carpentry business.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1030323/square_cropped_IMG_5339.jpg?1594663409","profile_url":"https://wefunder.com/josiah.fannon","related_urls":["https://wefunder.com/josiah.fannon"]},{"id":1031495,"entity_id":"wefunder:company_role:1031495","role":"employee","name":"Marko Ovcaric","title":"Marketing","bio":"Marko is a senior 3D/2D designer with over 10 years experience in advertising, product design and construction industry. He specializes in concept development, 3d workflow from modeling to final render, animation and video post-production.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1031495/square_cropped_DSC_0011_v3.jpg?1594767439","related_urls":[]},{"id":1093130,"entity_id":"wefunder:company_role:1093130","user_entity_id":"wefunder:user:1036008","role":"employee","name":"Brian J. Esposito","title":"Strategic Advisor","bio":"Founder \u0026amp; CEO of Esposito Intellectual Enterprises, LLC (EIE) a holding company for over 20 years of work, business startups, acquisitions, and investments. Focuses range from manufacturing, distribution, retail, hospitality \u0026amp; hotel development.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1093130/square_cropped_Brian_J._Esposito_Bio_Picture.jpg?1690582268","profile_url":"https://wefunder.com/brianjesposito","personal_url":"https://linkedin.com/in/brianjesposito","linkedin_url":"https://www.linkedin.com/in/brianjesposito/","related_urls":["https://wefunder.com/brianjesposito","https://linkedin.com/in/brianjesposito"]}],"featured_investors":[],"investor_memos":[],"tab_counts":{"posts":0,"ask_questions":362,"featured_investors":0,"faq_entries":5},"active_fundraises":[{"id":39707,"entity_id":"wefunder:fundraise:39707","state":"successful","offering_type":"506(c)","funding_type":"note","structure":"custom","security_type":"custom","currency":"USD","testing_the_waters":false,"min_purchase":2500,"max_purchase":9,"funding_target":250000.0,"funding_started_at":"2020-12-19T01:30:04Z","funding_closed_at":"2021-05-06T05:03:06Z","auto_close_at":"2021-05-06T03:59:59Z"},{"id":37240,"entity_id":"wefunder:fundraise:37240","state":"successful","offering_type":"506(c)","funding_type":"note","structure":"equity","security_type":"equity","currency":"USD","testing_the_waters":false,"min_purchase":2500,"max_purchase":9,"funding_target":250000.0,"funding_started_at":"2020-08-26T21:09:06Z","funding_closed_at":"2020-12-19T01:30:30Z"},{"id":29800,"entity_id":"wefunder:fundraise:29800","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"equity","security_type":"equity","currency":"USD","testing_the_waters":false,"min_purchase":1000,"max_purchase":9,"funding_target":100000.0,"funding_started_at":"2020-07-13T23:09:40Z","funding_closed_at":"2020-09-27T05:02:00Z","auto_close_at":"2020-09-27T03:59:59Z"}],"latest_fundraise":{"id":39707,"entity_id":"wefunder:fundraise:39707","state":"successful","offering_type":"506(c)","structure":"custom","testing_the_waters":false,"can_invest_now":false,"funding_started_at":"2020-12-19T01:30:04Z","funding_closed_at":"2021-05-06T05:03:06Z","terms":{"eb":null,"nb":"$42M","txt":"pre-money valuation"}},"recent_posts":[],"q_and_a":[{"id":102176,"entity_id":"wefunder:comment:102176","question":"When is the factory / production site planned to break ground and when is it expected to be operational?","author_name":"Joe Moffett","votes":7,"created_at":"2020-08-13T20:13:43Z","canonical_url":"https://wefunder.com/boxabl#question-102176","answers":[{"id":102224,"entity_id":"wefunder:comment:102224","answer":"We are ordering manufacturing equipment right now and continuing to scale up. Our goal is to be producing 1 unit per day a year from funding.","author_name":"Galiano Tiramani","votes":6,"created_at":"2020-08-14T02:02:50Z"}]},{"id":109228,"entity_id":"wefunder:comment:109228","question":"Hi, 1. Did you finished your september funding campaign and with what results ? 2. Why are you launching a second funding campaign so soon ? Thanks, Dan","author_name":"Dan Paiuc","votes":5,"created_at":"2020-10-06T14:19:41Z","canonical_url":"https://wefunder.com/boxabl#question-109228","answers":[{"id":109444,"entity_id":"wefunder:comment:109444","answer":"We are going to update everyone on this soon! Exiting news coming.","author_name":"Galiano Tiramani","votes":2,"created_at":"2020-10-08T02:24:35Z"},{"id":109449,"entity_id":"wefunder:comment:109449","answer":"We are going to update everyone on this soon! Exiting news coming.","author_name":"Galiano Tiramani","votes":1,"created_at":"2020-10-08T02:26:22Z"},{"id":111293,"entity_id":"wefunder:comment:111293","answer":"Please see our latest update post for more info.","author_name":"Galiano Tiramani","votes":0,"created_at":"2020-10-20T04:49:27Z"}]},{"id":98785,"entity_id":"wefunder:comment:98785","question":"In terms of site selection, I did read about the cement anchor points. Assuming we have already paid for utility installs, inspections, land surveying, etc.., how much do you forsee foundations costing us (mainly labor and materials)? Also, will you have Cat Ethernet Jacks in a couple spots (wifi is not healthy).","author_name":"Sean Hynes","votes":5,"created_at":"2020-07-22T19:21:04Z","canonical_url":"https://wefunder.com/boxabl#question-98785","answers":[{"id":98827,"entity_id":"wefunder:comment:98827","answer":"We don't have any estimates for site prep costs. This is because costs vary wildly depending on what part of the country you are in, and other factors like site condition. Another benefit of our product is that the floor is extremely rigid, that means you don't need a full slab, you can do the lowest cost foundation option allowed by the local building department. It can even be supported by just 4 piers, one on each corner. There are many different foundation systems available. Personally I like helical piles as a potentially very low cost foundation solution. https://www.youtube.com/watch?v=6i1PDt9qqKg","author_name":"Galiano Tiramani","votes":6,"created_at":"2020-07-23T00:30:07Z"}]},{"id":107171,"entity_id":"wefunder:comment:107171","question":"Thank you Galiano for addressing my previous questions. What is the initial order from the federal government, and what application are they intending to use the casitas for (disaster,... workforce,... etc.)?","author_name":"Steve Hunt","votes":4,"created_at":"2020-09-20T20:08:40Z","canonical_url":"https://wefunder.com/boxabl#question-107171","answers":[{"id":107453,"entity_id":"wefunder:comment:107453","answer":"120 Casitas used for base housing","author_name":"Galiano Tiramani","votes":4,"created_at":"2020-09-23T01:38:21Z"}]},{"id":101461,"entity_id":"wefunder:comment:101461","question":"Are you using Wefunder to only raise the $1,070,000 and another platform to raise the rest of the $10,500,000? Just curious as I see we are past the half way mark.","author_name":"Mark Pruden","votes":4,"created_at":"2020-08-09T23:23:34Z","canonical_url":"https://wefunder.com/boxabl#question-101461","answers":[{"id":101477,"entity_id":"wefunder:comment:101477","answer":"We can use Wefunder to raise the full amount. I am confident the $1,070,000 will sell out fast. We are sending all smaller investors to this platform. We do have ongoing discussions with some bigger investors and institutions who might take majority of the round, they may come on the platform or may negotiate more specific terms.","author_name":"Galiano Tiramani","votes":15,"created_at":"2020-08-10T05:03:39Z"}]},{"id":98327,"entity_id":"wefunder:comment:98327","question":"Are the \"purchase orders\" different than the 1500+ People that put down a deposit? Are purchase orders mainly from Corporate End Users or Commercial RE Developers?","author_name":"Sean Hynes","votes":4,"created_at":"2020-07-19T00:08:49Z","canonical_url":"https://wefunder.com/boxabl#question-98327","answers":[{"id":98329,"entity_id":"wefunder:comment:98329","answer":"Yes they are different, purchase orders and letters of intent are from big company customers, like Builders/Developers who want to order hundreds or thousands of units. Then, we have a list of 10,000+ people who have joined the \"waitlist\", out of that 10,000+, 1,500+ have given us small deposits ranging from $100-$1200. These guys are mostly end users who want on for themselves. We anticipate the bulk of our orders will be from big companies who need workforce housing, disaster relief, large low income developments, trailer parks and more. For example, we have had ongoing communications with SpaceX, they expressed interest in possibly purchasing 200+ units to satisfy immediate worker housing needs at their Texas rocket launch site. We hope to secure them as a customer in the future.","author_name":"Galiano Tiramani","votes":13,"created_at":"2020-07-19T00:17:38Z"}]},{"id":120783,"entity_id":"wefunder:comment:120783","question":"I just got an email from Wefunder saying my investment was cancelled. That is ridiculous because I made the investment on Sep 13, and I was asked to reconfirm my investment on Sep 18, which I did. It took 3 months to cancel my investment? The ongoing raise, presumably a Reg-D, does not even have a Valuation Cap. Although I liked the initial opportunity, I will have to pass this Reg-D.","author_name":"Liesheng Long","votes":3,"created_at":"2020-12-23T02:21:29Z","canonical_url":"https://wefunder.com/boxabl#question-120783","answers":[{"id":121226,"entity_id":"wefunder:comment:121226","answer":"So sorry about this. The law limits the amount we can accept from unaccredited investors. We apologize it took so long to process the refunds. We are going to have a new round soon with a bigger limit and hope to have you back then. Please see this post on the topic. https://wefunder.com/updates/139398","author_name":"Galiano Tiramani","votes":0,"created_at":"2020-12-24T18:59:21Z"}]},{"id":113455,"entity_id":"wefunder:comment:113455","question":"Hello, I haven't heard of any updates from Boxable and would like to know what's new? I expected to hear big news but have not received any emails about it. Can you please explain. Thanks.","author_name":"David Komitau","votes":3,"created_at":"2020-11-08T18:43:10Z","canonical_url":"https://wefunder.com/boxabl#question-113455","answers":[{"id":113871,"entity_id":"wefunder:comment:113871","answer":"Updates coming soon!","author_name":"Kyle Denman","votes":0,"created_at":"2020-11-11T06:08:42Z"}]},{"id":113437,"entity_id":"wefunder:comment:113437","question":"Hello, I haven't heard of any updates from Boxable and would like to know what's new? I expected to hear big news but have not received any emails about it. Can you please explain. Thanks.","author_name":"David Komitau","votes":3,"created_at":"2020-11-08T14:43:58Z","canonical_url":"https://wefunder.com/boxabl#question-113437","answers":[{"id":116165,"entity_id":"wefunder:comment:116165","answer":"We will send an email update soon. Meanwhile checkout this video it goes over the latest. Big Boxabl factory incoming! https://youtu.be/qVV6CyGJgZo","author_name":"Galiano Tiramani","votes":0,"created_at":"2020-11-27T07:37:20Z"}]},{"id":110460,"entity_id":"wefunder:comment:110460","question":"I invested 2310 in the first round, and upon opening an additional round, I invested 700 dollars My initial investment of $ 2,310 does not appear on my profile. What is the problem? Thank you","author_name":"Abdulaziz Alrashaid","votes":3,"created_at":"2020-10-15T15:48:04Z","canonical_url":"https://wefunder.com/boxabl#question-110460","answers":[{"id":110774,"entity_id":"wefunder:comment:110774","answer":"Please email support@wefunder.com","author_name":"Galiano Tiramani","votes":1,"created_at":"2020-10-17T18:28:03Z"}]},{"id":110207,"entity_id":"wefunder:comment:110207","question":"A few days ago there were over 180 investors in this round with over $400k in capital raised. Looking now there are 105 and the capital raised is at ~$175k at the time of writing. Can you explain what is causing the large fluctuation or why so many investors seem to be withdrawing from the round? Regards, Brandon Boatner","author_name":"Brandon Boatner","votes":3,"created_at":"2020-10-13T20:00:26Z","canonical_url":"https://wefunder.com/boxabl#question-110207","answers":[{"id":110374,"entity_id":"wefunder:comment:110374","answer":"These numbers arent accurate. For some reason wefunder is adjusting them as we countersign contracts. We have several million dollars and several thousand investors.","author_name":"Galiano Tiramani","votes":1,"created_at":"2020-10-14T23:53:22Z"}]},{"id":109852,"entity_id":"wefunder:comment:109852","question":"When will there be another round for common investors, not just to accredited investors?","author_name":"Bon Koo","votes":3,"created_at":"2020-10-10T18:40:21Z","canonical_url":"https://wefunder.com/boxabl#question-109852","answers":[{"id":110379,"entity_id":"wefunder:comment:110379","answer":"We will update you on this asap.","author_name":"Galiano Tiramani","votes":0,"created_at":"2020-10-15T00:00:56Z"}]},{"id":107413,"entity_id":"wefunder:comment:107413","question":"Hi Galiano, Can you please let us know what the initial order is from the federal government that you previously spoke about? How many casita units? Are they receiving a purchase number discount? What are their intended uses for the casitas? You may have accident missed the question before as I didn’t see a direct reply. Thank you. I was waiting on your response to reconfirm my investment in the company. Cheers.","author_name":"Steve Hunt","votes":3,"created_at":"2020-09-22T18:15:32Z","canonical_url":"https://wefunder.com/boxabl#question-107413","answers":[{"id":107457,"entity_id":"wefunder:comment:107457","answer":"Hi! Please email me gtiramani@boxabl.com We arent going to announce details of this order to the public just yet, but I am happy to explain privately through email.","author_name":"Galiano Tiramani","votes":2,"created_at":"2020-09-23T01:44:16Z"}]},{"id":106240,"entity_id":"wefunder:comment:106240","question":"Is this product re-boxable?","author_name":"Joan Gigliotti","votes":3,"created_at":"2020-09-14T20:24:22Z","canonical_url":"https://wefunder.com/boxabl#question-106240","answers":[{"id":106827,"entity_id":"wefunder:comment:106827","answer":"Yes!","author_name":"Galiano Tiramani","votes":2,"created_at":"2020-09-18T21:40:48Z"}]},{"id":104411,"entity_id":"wefunder:comment:104411","question":"Hi - Very interesting company. How do you compare against Connect Homes, Proto Homes and Blokable?","author_name":"Jeff Park","votes":3,"created_at":"2020-08-30T15:34:25Z","canonical_url":"https://wefunder.com/boxabl#question-104411","answers":[{"id":104485,"entity_id":"wefunder:comment:104485","answer":"These other companies are home builders and real estate developers. They use some new techniques and will probably find a nice market niche for themselves. At Boxabl we want to supply a universal building system to builders, but dont want to instal the houses on site. We have created a building system that will be a generational leap in construction. Our goal was to create a system that could be compatible with mass production and factory automation, the other guys you mentioned are just building the usual way, but inside. We want the Boxabl factory to look like a modern automobile factory, the best example of modern manufacturing practices, automation, assembly line principles, and robotics Our buildings use all new materials and design that are compatible with factory automation. We have solved many other problems across the whole process including being the only company that can affordably ship these buildings ( with minimal site work) Our goal is to rapidly scale with factories that use our process all around the world and produce a massive volume of upscale buildings at a cost and speed that has not been possible before. We engineered a building system that can build majority of building types on the majority of the planet, and we intend to do just that.","author_name":"Galiano Tiramani","votes":2,"created_at":"2020-08-31T03:41:10Z"}]},{"id":102882,"entity_id":"wefunder:comment:102882","question":"Hi, I invested on August 10th and now it says I might not even get to invest this time? Can you tell us if we made the cut? Thanks \" We have received your $xxxx pledge to invest in Boxabl . Thank you for standing with us and for helping the founders revitalize the American Dream. Please note: The demand for this fundraise is higher than anticipated, so your investment has been placed on a waitlist. There is no further action needed on your end, but we may have to cancel and refund your investment in the unlikely event you don’t get into this round.\"","author_name":"Justin Hochleutner","votes":3,"created_at":"2020-08-20T00:49:55Z","canonical_url":"https://wefunder.com/boxabl#question-102882","answers":[{"id":102906,"entity_id":"wefunder:comment:102906","answer":"To comply with the SEC we can only raise $1m from unaccredited investors. So wefunder has to take time and verify all the investors. As soon as wefunder completes that, they will update you on the status.","author_name":"Galiano Tiramani","votes":3,"created_at":"2020-08-20T04:05:41Z"}]},{"id":102500,"entity_id":"wefunder:comment:102500","question":"I can picture large companies attempting to create a similar product very rapidly due to the potential profitability and market size. Is Boxabl looking at all funding sources to ramp up production (I'm thinking about to 100+ houses per day in the matter of the next few years)? This is assuming that demand is there, of course; but it seems that demand for quick, affordable, and high-quality housing will remain extremely high for the decades to come. Thank you!","author_name":"Timothy Hess","votes":3,"created_at":"2020-08-17T01:27:23Z","canonical_url":"https://wefunder.com/boxabl#question-102500","answers":[{"id":102559,"entity_id":"wefunder:comment:102559","answer":"Yes thats absolutely the plan. I think after this first plant proves the concept, new capital is much easier and cheaper. We are also building a large list of other parties interested in creating their own Boxabl factories. At the moment, demand seems to be higher than we ever imagined!","author_name":"Galiano Tiramani","votes":1,"created_at":"2020-08-17T17:27:00Z"}]},{"id":102194,"entity_id":"wefunder:comment:102194","question":"Can you revisit the site prep costs from Sean Hynes. I realize it can vary by area but it is a key question to know what the total cost would be to get permits, connect utilities, etc. So maybe you can pick a few examples, i.e. Lake County, IL, a highly regulated area. Also include shipping costs. The types of things that won't change much even after you scale.","author_name":"Noel Levine","votes":3,"created_at":"2020-08-13T22:02:44Z","canonical_url":"https://wefunder.com/boxabl#question-102194","answers":[{"id":102225,"entity_id":"wefunder:comment:102225","answer":"If we are successful I think we have multiple factories to reduce shipping costs. The use case, site condition, building deptartment and many more factors can dramatically change the cost. If you are do it yourselfer, cost can be almost nothing. If you hire a contractor, build a foundation, run utilities, pay for permits, add a driveway, add some shrubs and a deck, it can be much more. Part of the sales process will be to get people quotes for their specific requirements. Our best guess is a range form $5,000 to $50,000 for instal costs, either way, its still the lowest cost option on the market.","author_name":"Galiano Tiramani","votes":1,"created_at":"2020-08-14T02:07:46Z"}]},{"id":101336,"entity_id":"wefunder:comment:101336","question":"How sturdy are these homes? And how do they uphold and various weather conditions? Such as states like Minnesota that have all four seasons?","author_name":"Jami Domek","votes":3,"created_at":"2020-08-08T12:41:54Z","canonical_url":"https://wefunder.com/boxabl#question-101336","answers":[{"id":101390,"entity_id":"wefunder:comment:101390","answer":"We have engineered these buildings to outperform traditional buildings. We wanted one solution to environments all around the world. We will be backing this up with 3rd party test data. They are highly energy efficient, wind resistant, water resistant, durable and more.","author_name":"Galiano Tiramani","votes":2,"created_at":"2020-08-08T23:40:25Z"}]},{"id":101316,"entity_id":"wefunder:comment:101316","question":"Why did Boxabl go with the crowdfunding route over private VC. Wouldn't that have been much easier and less time consuming ?","author_name":"Mark Pruden","votes":3,"created_at":"2020-08-08T06:32:25Z","canonical_url":"https://wefunder.com/boxabl#question-101316","answers":[{"id":101391,"entity_id":"wefunder:comment:101391","answer":"So far we have turned down several offers from VC, they wanted too much control over the company, it would have served their interests and not the Boxabl vision. When dealing with VC, they are usually in the drivers seat and calling the shots, thats not a situation we are interested in. However, we are still in talks with certain VCs and hopefully they are fruitful. Additionally, we have had many die hard supporters from the beginning and wanted to give them a chance to get on board. We think a portion of the money will come as a result of our \"perks\" sections, this means value add investors.","author_name":"Galiano Tiramani","votes":3,"created_at":"2020-08-08T23:47:50Z"}]},{"id":98523,"entity_id":"wefunder:comment:98523","question":"If I invest $1,000 how long will I have to wait for the chance to cash out on the stocks?","author_name":"James E Goff Jr","votes":3,"created_at":"2020-07-20T23:34:38Z","canonical_url":"https://wefunder.com/boxabl#question-98523","answers":[{"id":98525,"entity_id":"wefunder:comment:98525","answer":"You should expect this to be a longer term investment. Right now its to early to answer this question. You would have to wait for a liquidity event like an IPO or acquisition.","author_name":"Galiano Tiramani","votes":4,"created_at":"2020-07-20T23:54:01Z"}]},{"id":143871,"entity_id":"wefunder:comment:143871","question":"*******TO EVERYONE THAT MISSED THE FIRST ROUND - go to StartEngine and search Boxabl to reserve your .71c per share investment before they go live in a couple of weeks.","author_name":"Andi Grant","votes":2,"created_at":"2021-04-22T18:50:58Z","canonical_url":"https://wefunder.com/boxabl#question-143871","answers":[]},{"id":138850,"entity_id":"wefunder:comment:138850","question":"with respect to my last question \"In the event that government expenditures are considered a revenue stream...what authorized spending has occurred to date with respect to purchase orders?\" How much money has the US Government written in Purchase Orders for our products?","author_name":"Richard Bentley","votes":2,"created_at":"2021-03-31T00:55:42Z","canonical_url":"https://wefunder.com/boxabl#question-138850","answers":[{"id":143199,"entity_id":"wefunder:comment:143199","answer":"Sorry we cant disclose these details.","author_name":"Galiano Tiramani","votes":1,"created_at":"2021-04-19T19:09:01Z"}]},{"id":130849,"entity_id":"wefunder:comment:130849","question":"Hello, Team Boxabl. I am a non-accredited investor but I don\"t see Boxabl on Wefunder anymore. Is that because you are now only taking investments from accredited investors? When will you be taking investments from non-accredited investors? (A date, please). How much per share will it be and what will the minimum investment amount be? How and where will investments be made? What a Great Opportunity! Thank you.","author_name":"David Komitau","votes":2,"created_at":"2021-02-15T21:47:05Z","canonical_url":"https://wefunder.com/boxabl#question-130849","answers":[{"id":143221,"entity_id":"wefunder:comment:143221","answer":"Sorry I cant say just yet! Will update as soon as its ready.","author_name":"Galiano Tiramani","votes":0,"created_at":"2021-04-19T19:14:51Z"}]},{"id":126768,"entity_id":"wefunder:comment:126768","question":"Am curious about two things: - Conversion is supposed to happen if you raise more money on either a \"registered offering\" or a Reg A-compliant offering, which are both ways of going public. Does that mean that if you do another private round such as a Series B, it would not trigger conversion? - The condition of maturity upon public offering: does that mean that if you go public before 3/31/2023, the return would be the 25% discount on the public offering price? Does that also mean that if you don't go public before 3/31/2023, the return would be just the 10% interest rate? Thanks.","author_name":"Iván Cavero Belaunde","votes":2,"created_at":"2021-01-27T15:41:18Z","canonical_url":"https://wefunder.com/boxabl#question-126768","answers":[{"id":128246,"entity_id":"wefunder:comment:128246","answer":"Conversion automatically occurs upon an IPO or the qualified Reg A offering. At that time, the investor will receive shares worth the principal amount invested, with the per share price being 75% of that in the Reg A offering. If for some reason the Reg A or an IPO does not happen, then at the maturity date, the investor could elect to convert, or be repaid the principal plus interest.","author_name":"Galiano Tiramani","votes":0,"created_at":"2021-02-02T22:03:55Z"}]}],"faq":[{"question":"What are the financing qualifications or criteria that you must meet in order to purchase as well as have the 30 year mortgage payments?","answer":"These buildings will be financed the same as a traditional building. That means a bank mortgage or construction loan. Many other alternative financing routes also exist. If the Casita is placed in a backyard, it will likely be a refinance of the primary mortgage. I think one of the more popular options will be this https://www.fanniemae.com/HomeStyle/lender/index.html"},{"question":"Nice video and offering! What is the maximum amount of \"1st mortgage payment\" on perk 1? Is this assuming 15yr or 30yr mortgage?","answer":"There is no set maximum. It would be the total cost for the installed Casita on a 30 year mortgage term. Since install costs and mortgage terms can be different, the monthly payment might vary a bit."},{"question":"Are the \"purchase orders\" different than the 1500+ People that put down a deposit? Are purchase orders mainly from Corporate End Users or Commercial RE Developers?","answer":"Yes they are different, purchase orders and letters of intent are from big company customers, like Builders/Developers who want to order hundreds or thousands of units. Then, we have a list of 10,000+ people who have joined the \"waitlist\", out of that 10,000+, 1,500+ have given us small deposits ranging from $100-$1200. These guys are mostly end users who want on for themselves. We anticipate the bulk of our orders will be from big companies who need workforce housing, disaster relief, large ..."},{"question":"The investment type is a bit hard to find, is this classified as Regulation Crowdfunding, Regulation D and Regulation A+? Update: I think this is the answer buried somewhere :0 .. \"We are seeking to raise up to $10,500,000 in this offering, with up to $1,070,000 coming from sa...","answer":"Yes thats right! Unfortunately, the SEC rules make things a bit confusing. Out of the ~$10m, ~$1m can come from lower net worth investors, and the remaining ~$9m must come from high net worth investors. We have been exploring the potential of a Reg A+ offering, which would allow us to raise up to ~$50m from anyone. We thought it was important to setup the reg CF so that our friends, family, and early supporters who might not be \"high net worth\" could join us on this journey!"},{"question":"So in layman's terms, how do we cash in in the long run? If one day, heaven forbid we want to sell :0, what are the ways to cash out? If the company is private, it would be to another private investor that we find? Or if public, on the public stock exchanges? Will there be div...","answer":"A desirable outcome would be getting acquired or IPO. We want to cash out too. At the moment we are interested in the IPO route but wouldn't turn down other offers. At the end of the day, if we can execute on our vision, the potential market size is incredibly massive, we have designed the product to be compatible with almost the entire globe."}]}}}