{"data":{"type":"company_profile","id":79960,"entity_id":"wefunder:company:79960","attributes":{"canonical_url":"https://wefunder.com/hempitecture","generated_at":"2026-06-14T09:44:21Z","updated_at":"2026-06-14T05:02:54Z","entity_ids":{"company":"wefunder:company:79960","slug":"wefunder:company_slug:hempitecture"},"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":"2026-06-14T09:44:21Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-14T05:02:54Z","as_of":"2026-06-14T09:44:21Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-14T05:02:54Z","as_of":"2026-06-14T09:44:21Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-09-01T18:25:54Z","as_of":"2026-06-14T09:44:21Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-09-01T18:25:54Z","as_of":"2026-06-14T09:44:21Z","confidence":"medium"}}},"company":{"id":79960,"entity_id":"wefunder:company:79960","slug":"hempitecture","name":"Hempitecture Inc.","tagline":"High Performance, Carbon Negative Insulation","elevator_pitch":"Hempitecture is the US leader in hemp building materials. We're bringing hemp insulation manufacturing to the United States. Currently, hemp insulation is available across the world, however there is no manufacturing facility in the United States contributing to higher costs and low awareness. Hempitecture is filling this gap with a state of the art, high capacity HempWool® insulation manufacturing facility. The Hempitecture team holds a US patent for hemp insulation manufacturing.","story":"Hempitecture's mission is simple: we manufacture healthy, non-toxic biobased insulation for People and Planet.Our materials are healthier, more sustainable alternatives to conventional, toxic thermal insulation that's on the market today. We are significantly reducing embodied carbon in the built environment by using\u0026nbsp;rapidly renewable plant-based feedstocks that are carbon capturing and restore rural agriculture at scale.There is a big problem.The issue of greenhouse gases poses a substantial threat to both human well-being and the planet. The construction and operation of buildings contribute significantly to carbon emissions, exacerbating the challenges associated with climate change. From energy-intensive construction processes, we must address the impact of greenhouse gases in the built environment.Hempitecture is solving both the Operational and Embodied Carbon ProblemTo truly make a global impact, we must focus on two things:Lower embodied carbon in building materials.The low-carbon materials we use, must contribute to energy-efficient built environments.Which is why we've built Hempitecture!We Have A SolutionWe’ve considered a number of raw materials for a healthier materials and healthier living environments. Opting for\u0026nbsp;materials\u0026nbsp;that are free from harmful chemicals and allergens contributes to a safer and healthier home. Additionally, considering insulation materials with high thermal performance helps enhance energy efficiency, promoting a comfortable and sustainable living space.And lastly we considered the impact of those materials to our planet.Hemp is a carbon-capturing, soil-regenerating crop that requires little water to farm, needs no fertilizers or pesticides, and restores rural agriculture at scale.Hemp sequesters ~9 Tons of CO2/acre during it's growing season.Our competitive advantage over other biobased building materials.In 2022, Hempitecture closed our first round of funding on Wefunder where we raised over $4,600,000 from over 1800 investors to build a manufacturing facility.We delivered on that promise and opened the first of it's kind materials production plant in February of 2023.We have successfully formulated our flagship product HempWool®, which is an in-cavity batt insulation made from hemp fiber.The impact is real.Our next big step is to build out a comprehensive family of products, for whole home solutions!This family of products will allow buildings to achieve an unprecedented level of performance made from biobased and recycled feedstocks that allows us to realize our vision of Truly Sustainable Materials.Introducing the ClimateSmart Enclosure: High Performance, Low-Carbon ConstructionWith your investment, we will be able to finalize our family of products, get certified to code compliance and commercialize at scale.We're currently undergoing numerous certifications, with some testing and certifications already received and validated.Together, we can continue to transform the way we experience insulation.No more toxic materials, off-gassing, VOC's, or landfill contributions.Why Join Us?We have M O M E N T U M!After closing our first round of funding in 2022, we partnered with the Department of Energy to continue developing our low-carbon insulation and bring it to market.We were awarded $500,000 from GrowNY to expand into New York.In 2023 we received $1,100,000 contract from the New York State Energy and Research Development Authority to add a second manufacturing facility to the east coast with hopes of bringing healthy non-toxic alternative building materials to market.Hempitecture is at the forefront of positive environmental impact, with tailwinds positioning us for economic growth.With your help, we have a tangible future where natural, non-toxic building materials like HempWool become the industry standard. By scaling biobased materials, we can help displace harmful, unhealthy, unsustainable products on the market today.Help us create healthier homes, happier people and a cleaner planet.Don't take our word for it! Check out the partners that have backed Hempitecture's mission to build a better world with healthier materials for people and planet.Meet the Problem SolversWe are a team of mission-minded dreamers, galvanized by the fact that we can make a measurable difference in creating better products for people and planet.Use of FundsHempitecture is seeking to raise $5m through equity crowdfunding. This funding will be paired with $1.1m from NYSERDA for our next chapter.Purchase 2nd manufacturing line for east coast manufacturing hubLease ~40k sqft of industrial space for east coast manufacturing hubSupply chain development in coordination with fiber supply partnersAccelerate code compliance testing for new product offerings that we are launching in 2024Accelerate marketing efforts to gain additional traction in bioinsulance spaceAdd distribution locations to lower landed-cost to customers, increasing customer acquisition rateDevelop blowable, loosefill hemp insulation, build prototype (small scale) production line in existing\u0026nbsp;Idaho factoryScale prototype line for full scale installation in east coast factoryReserve Your Investment In Hempitecture Today.","location":"Sun Valley, ID","website":"https://www.hempitecture.com","total_amount_raised":6174725,"total_investors":2510,"is_funded":true,"is_active":true,"quality_score":5,"related_urls":["https://wefunder.com/hempitecture","https://www.hempitecture.com"]},"media":{"share_image_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/79960/xxl_blob.jpg","logo_url":"https://uploads.wefunder.com/uploads/company/logo/79960/large_blob.png","header_media_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/79960/standard_blob.jpg","cover_photo_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/79960/standard_blob.jpg"},"links":{"company_url":"https://www.hempitecture.com","linkedin_url":"https://linkedin.com/company/hempitecture","twitter_url":"https://twitter.com/hempitecture","facebook_url":"https://www.facebook.com/Hempitecture/","instagram_url":"https://www.instagram.com/hempitecture/","youtube_url":"https://youtube.com/@hempitecture","blog_url":"https://www.hempitecture.com/blog"},"highlights":[{"id":75539,"name":"fast_growth","url":"fastgrowth","presentable_name":"Fast Growth","description":"Revenue growing 2X/yr for at least prior 6 months","image_url":"https://uploads.wefunder.com/2021/profile-highlights-bar-graph.svg"}],"quick_facts":[{"index":1,"claim_id":"claim-fact-1","value":"🥇 Largest company in the US to bring sustainable hemp insulation to market."},{"index":2,"claim_id":"claim-fact-2","value":"🤝 Secured $1.1M in funding from New York State Energy \u0026amp; Research Development Authority"},{"index":3,"claim_id":"claim-fact-3","value":"️🦺 Raised $4.6M with 1800+ investors and $500k GrowNY investment award"},{"index":4,"claim_id":"claim-fact-4","value":"❗HempWool Sales grew 50% YoY in 2023 and are up 200% YoY 2024YTD"},{"index":5,"claim_id":"claim-fact-5","value":"♻️ To date, our production has offset an estimated 1.2 million pounds of CO2"},{"index":6,"claim_id":"claim-fact-6","value":"⚡ Partnership with the United States Department of Energy for product innovation and performance."},{"index":7,"claim_id":"claim-fact-7","value":"🧭 Built coast to coast distribution and e-commerce sales solution within 1 year."},{"index":8,"claim_id":"claim-fact-8","value":"🧪 Developing innovative new nontoxic, carbon-sequestering insulation products."}],"team":[{"id":1484581,"entity_id":"wefunder:company_role:1484581","user_entity_id":"wefunder:user:1241827","role":"founder","name":"Matthew Mead","title":"Chief Executive Officer","bio":"Mattie founded Hempitecture with the idea that natural materials can reduce embodied carbon. 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Every recipient had to resubmit comprehensive technical and economic data to justify continued funding....","published_at":"2026-06-07T00:19:36Z","author_name":"Matthew Mead","url":"/feed/332718","canonical_url":"https://wefunder.com/feed/332718"},{"id":308200,"entity_id":"wefunder:feed_item:308200","type":"FeedItem::Update","visibility":"public","title":"Celebrating our Big News 🎉","preview":"If you caught our last Wefunder Update, you would have learned that Hempitecture has completed the first ever Environmental Product Declaration for hemp-based insulation in the United States.When Hempitecture was established, the thesis was simple: Natural fiber insulation materials can save on operational carbon by improving energy efficiency of built structures, while also storing carbon dioxide in the material itself. With the publication of this EPD, the thesis holds as more valid than ev...","published_at":"2026-04-24T18:24:46Z","author_name":"Matthew Mead","url":"/feed/308200","canonical_url":"https://wefunder.com/feed/308200"},{"id":299416,"entity_id":"wefunder:feed_item:299416","type":"FeedItem::Update","visibility":"public","title":"Q1 2026 Update: Technical Milestones, Commercial Progress, and What’s Ahead","preview":"To our Wefunder Investor Community.,I wanted to share an update on the progress we've made in the first Quarter of 2026. You have not heard from us much in the first quarter, but don’t worry, we’ve been heads down working hard on turning the start of 2026 into an important moment for the company.Over the last several years, we have been laying the groundwork to build something much bigger than a single product: a domestic materials manufacturing platform capable of turning rapidly renewable n...","published_at":"2026-04-13T17:01:50Z","author_name":"Matthew Mead","url":"/feed/299416","canonical_url":"https://wefunder.com/feed/299416"},{"id":237149,"entity_id":"wefunder:feed_item:237149","type":"FeedItem::Update","visibility":"public","title":"Hempitecture 2025 Top Reflections","preview":"As the year comes to a close, it’s time to reflect on the progress made by the Hempitecture team in advancing more sustainable, healthy solutions into the market. This year was a building block year: we have put together pieces of the puzzle that will build an even stronger Hempitecture for the future. Through identifying our biggest challenges, we have developed solutions that will expand the market potential of our materials. This was made possible by everyone who touches Hempitecture: a sp...","published_at":"2025-12-29T19:42:38Z","author_name":"Matthew Mead","url":"/feed/237149","canonical_url":"https://wefunder.com/feed/237149"},{"id":228719,"entity_id":"wefunder:feed_item:228719","type":"FeedItem::Update","visibility":"public","title":"Hempitecture Receives Support from JLL Foundation","preview":"Hempitecture is proud to announce that we have been selected as one of the JLL Foundation’s newest climate impact startups to receive a 0% interest loan to catalyze growth. The JLL Foundation announced the Hempitecture award as part of its global initiative to accelerate climate mitigation by supporting companies delivering measurable, verifiable climate benefits.This funding directly strengthens Hempitecture’s mission to scale US made, carbon storing building materials. As a recent recipient...","published_at":"2025-12-08T17:13:13Z","author_name":"Matthew Mead","url":"/feed/228719","canonical_url":"https://wefunder.com/feed/228719"},{"id":226156,"entity_id":"wefunder:feed_item:226156","type":"FeedItem::Update","visibility":"public","title":"Give the gift of healthy insulation","preview":"To our investor community,As Cyber Monday brings discounts on items across the web, we wanted to extend a special price to purchase our products at a discount. We rarely have sales, so when we do, we love to see customers come in and purchase our products and save on their budget. For a limited time, we're offering 9.99% off on our products, like HempWool insulation. Not needing our products tomorrow? There's some flexibility. By using our online quote generator at www.buy.hempitecture.com - ...","published_at":"2025-12-01T20:23:58Z","author_name":"Matthew Mead","url":"/feed/226156","canonical_url":"https://wefunder.com/feed/226156"},{"id":221284,"entity_id":"wefunder:feed_item:221284","type":"FeedItem::Update","visibility":"public","title":"Look at What You Helped Build","preview":"To our Investors \u0026 Supporters:It’s been a while since our last update, and I want to start by saying thank you for your patience and belief in Hempitecture’s vision. Over the past several months, our team has been completely heads down, focused on executing exactly what we set out to accomplish during our fundraising round. Today, thanks to your support, we're yielding results, and we’re finally at a point where we can share what your investment has made possible.A Breakthrough in Natural Fib...","published_at":"2025-11-17T19:34:47Z","author_name":"Matthew Mead","url":"/feed/221284","canonical_url":"https://wefunder.com/feed/221284"},{"id":182240,"entity_id":"wefunder:feed_item:182240","type":"FeedItem::Update","visibility":"public","title":"We Did It: The Power of 1000+","preview":"Thanks to you, we did it.Over the last 14 months, we have embarked on a incredible journey. We have had 1,100 from across the world join us in supporting our mission of more truly sustainable materials.These 1,100 individuals have invested anywhere from $100 to over $100,000. In doing so, we are already unlocking the next strategic steps of our growth and evolution.How we are leveraging your investment to win:We're investing in the following areas:Investing in machinery to modify and enhance ...","published_at":"2025-05-09T16:17:49Z","author_name":"Matthew Mead","url":"/feed/182240","canonical_url":"https://wefunder.com/feed/182240"},{"id":181827,"entity_id":"wefunder:feed_item:181827","type":"FeedItem::Update","visibility":"public","title":"Business is Booming 💥","preview":"Why Invest in Hempitecture?There's a lot of opportunities to invest in startups. But, many of them have a fundamental problem: they aren't yet making money.That couldn't be further from the truth at Hempitecture: we're a revenue generating business.As an early stage manufacturing business, we have a rolodex of B2B and B2C customers. We're active in the market, producing thousands of square feet of products on a daily basis.In fact: business is booming.In the last 7 days, Hempitecture has gene...","published_at":"2025-04-25T18:31:49Z","author_name":"Matthew Mead","url":"/feed/181827","canonical_url":"https://wefunder.com/feed/181827"},{"id":181622,"entity_id":"wefunder:feed_item:181622","type":"FeedItem::Update","visibility":"public","title":"Earth Day 2025 🌎","preview":"At Hempitecture, Earth Day is every day! But, when Earth Day comes around, it's even more reason to celebrate. That's why this year, we're offering our biggest sale ever to bring our products to people at the best possible price. For a limited time only, we're offering 22% off our products that are better for you, and the planet!You'll find these products on our totally revamped \"Buy Direct Platform\" - which makes it easier than ever before to purchased decarbonized materials, and have them s...","published_at":"2025-04-20T17:53:15Z","author_name":"Matthew Mead","url":"/feed/181622","canonical_url":"https://wefunder.com/feed/181622"},{"id":181589,"entity_id":"wefunder:feed_item:181589","type":"FeedItem::Update","visibility":"public","title":"Grown and Made in the US 🇺🇸","preview":"Hempitecture is a Tariff Resilient Business.Today, tariffs are front page news. What is intended and designed to drive and grow US manufacturing has lots of people talking and the markets moving. Hempitecture established our manufacturing facility plans in 2021, started building our plant in 2022, and cut the ribbon in 2023. We have been committed to \"grown in the US, made in the US\" long before this conversation became elevated.With our USA based supply chain, we're not subject to imports or...","published_at":"2025-04-18T19:17:09Z","author_name":"Matthew Mead","url":"/feed/181589","canonical_url":"https://wefunder.com/feed/181589"},{"id":181544,"entity_id":"wefunder:feed_item:181544","type":"FeedItem::Update","visibility":"public","title":"Our Technology: SUPERCHARGED ⚡⚡","preview":"We took a technology our customers love, and we supercharged it!We're excited to announced the fully revamped user experience on what we call our Buy Direct Platform. The BDP is our custom built portal that allows customers, no matter where in the US they are, to purchase insulation and our products, and have them shipped directly to your door. It's not just an e-commerce tool - it's a game changer.Take a look:Why is the BDP a game changer?Simply put, we're selling building materials in a way...","published_at":"2025-04-17T15:51:21Z","author_name":"Matthew Mead","url":"/feed/181544","canonical_url":"https://wefunder.com/feed/181544"},{"id":181462,"entity_id":"wefunder:feed_item:181462","type":"FeedItem::Update","visibility":"public","title":"Biggest Sale of the Year","preview":"Our biggest sale of the year is here: Earth Day 2025. Our investors get the first look.At Hempitecture, we’ve always believed that the best proof of what we’re building is in the experience of using it. Some of our earliest and most passionate investors started out as customers—builders, architects, and homeowners who felt the performance of our products, saw the sustainability story behind them, and realized this is more than just insulation.When you choose Hempitecture, you’re not just maki...","published_at":"2025-04-15T17:54:21Z","author_name":"Matthew Mead","url":"/feed/181462","canonical_url":"https://wefunder.com/feed/181462"},{"id":181416,"entity_id":"wefunder:feed_item:181416","type":"FeedItem::Update","visibility":"public","title":"Analyst from Kingscrowd Joins Mead on Webinar Event","preview":"🎥We’re going LIVE! April 17th @ 2pm MT🎥Join Hempitecture for a special Live broadcast where we’ll reflect on the incredible journey of our crowdfunding campaign over the last 14 months. From milestone moments to behind-the-scenes breakthroughs, we’re diving deep into what’s driven our mission forward — and where we’re headed next.​🔍 What to expect:​✨ A look back at the key moments that shaped our campaign​🌎 Forward-thinking insights on sustainability and industry innovation​🌱 Big opportunitie...","published_at":"2025-04-14T17:03:00Z","author_name":"Matthew Mead","url":"/feed/181416","canonical_url":"https://wefunder.com/feed/181416"},{"id":181364,"entity_id":"wefunder:feed_item:181364","type":"FeedItem::Update","visibility":"public","title":"Hear What Our Investors Saying! 🚀","preview":"It's been a 14 month journey Crowdfunding on Wefunder. At Hempitecture, we've worked to build a business that's set to transform the materials used in our built environment. You don't have to take our word for it, our investors reviews are coming in, and they are fired up!See what our investors are saying:Here's some highlights: Chad recognizes that Hempitecture has a game plan, and is executing that gameplan!Martin believes in the potential of our product to decarbonize the construction indu...","published_at":"2025-04-11T19:05:59Z","author_name":"Matthew Mead","url":"/feed/181364","canonical_url":"https://wefunder.com/feed/181364"},{"id":181193,"entity_id":"wefunder:feed_item:181193","type":"FeedItem::Update","visibility":"public","title":"Our Innovation Engine is Scaling Across Industries","preview":"The Future of Hempitecture Technology Isn’t Just in Your HomesAt Hempitecture, we’ve always believed in the power of natural fibers to reshape how we build. Now, we’re pushing that vision into other industries like packaging, agriculture, and beyond.We're hard at work advancing toll manufacturing projects with partners across key sectors that will expand our adoption.Behind the scenes, we’re exploring:Hybrid fiber blends that boost thermal performance while maintaining biodegradabilityBio-bas...","published_at":"2025-04-09T17:28:19Z","author_name":"Matthew Mead","url":"/feed/181193","canonical_url":"https://wefunder.com/feed/181193"},{"id":181192,"entity_id":"wefunder:feed_item:181192","type":"FeedItem::Update","visibility":"public","title":"New Product Launch + New NYSERDA Funding 🚀","preview":"We’re proud to announce that Hempitecture has received a second round of funding from NYSERDA, the New York State Energy Research and Development Authority.This builds on the success of our initial $1.1M award under NYSERDA’s Natural Carbon Solutions program. That first round of funding helped us accelerate the development of a product we’re incredibly proud to introduce to you: FiberFill — our new blowable, carbon-smart insulation for walls and attics.FiberFill is designed for easy installat...","published_at":"2025-04-07T19:21:09Z","author_name":"Matthew Mead","url":"/feed/181192","canonical_url":"https://wefunder.com/feed/181192"},{"id":181015,"entity_id":"wefunder:feed_item:181015","type":"FeedItem::Update","visibility":"public","title":"HEMPITECTURE EXPANDS TO LOS ANGELES TO SUPPORT WILDFIRE REBUILDING EFFORTS","preview":"PRESS RELEASE - FOR IMMEDIATE RELEASEJerome, Idaho — April 2, 2025 — Idaho-based Hempitecture, a leader in decarbonization, pioneering the use of hemp-based, carbon-negative insulation to create healthier, high-performance buildings, is expanding its presence in Los Angeles with a new fulfillment hub. This strategic move will make it easier and more cost-efficient for architects, builders, and developers to access Hempitecture’s sustainable, fire-resistant building materials in one of the lar...","published_at":"2025-04-02T15:42:43Z","author_name":"Matthew Mead","url":"/feed/181015","canonical_url":"https://wefunder.com/feed/181015"},{"id":180713,"entity_id":"wefunder:feed_item:180713","type":"FeedItem::Update","visibility":"public","title":"Hempitecture Wins \"Regeneration Award\"","preview":"Hempitecture takes center stage and top prize at the Intermountain Sustainability Summit, winning the Regeneration AwardThe Intermountain Sustainability Summit brings together over 400 sustainability professionals and emerging leaders\u0026nbsp;from Utah and the Intermountain West each year, fostering dialogue, sharing tools\u0026nbsp;and advancing sustainable practices, particularly in the context of resilience\u0026nbsp;and regeneration.Through cross-sector partnerships and meaningful conversations, the I...","published_at":"2025-03-24T22:34:58Z","author_name":"Matthew Mead","url":"/feed/180713","canonical_url":"https://wefunder.com/feed/180713"},{"id":180343,"entity_id":"wefunder:feed_item:180343","type":"FeedItem::Update","visibility":"public","title":"Hempitecture Receives 4.5/5 Investment Rating ⭐","preview":"To our loyal Wefunder Community,We have great news! Kingscrowd, the leading analytics firm for SEC registered RegCF offerings, has completed their diligence on Hempitecture and our current Fundraising offering. The results are in!Hempitecture Awarded a 4.5 / 5 Investment score!Kingscrowd has done the work so you don't have to. This near perfect score means that after doing a deep dive on our financials, our data room materials, our SEC Filings, and more, they believe Hempitecture is a good be...","published_at":"2025-03-11T21:40:25Z","author_name":"Matthew Mead","url":"/feed/180343","canonical_url":"https://wefunder.com/feed/180343"},{"id":179945,"entity_id":"wefunder:feed_item:179945","type":"FeedItem::Update","visibility":"public","title":"What A Year!","preview":"The chance to invest is coming to a close.What a journey this year has been! We launched this round just over a year ago, and so much has happened.We’re feeling humbled, excited, encouraged, and incredibly grateful for all the support on this fundraising adventure. 🚀The future is bright, the future is green, and we’re more committed than ever to delivering the most sustainable materials on the planet. 🌱But time is running out—we’re inside the final 24 hours before the round closes!Don’t miss ...","published_at":"2025-02-27T17:51:47Z","author_name":"Matthew Mead","url":"/feed/179945","canonical_url":"https://wefunder.com/feed/179945"},{"id":179835,"entity_id":"wefunder:feed_item:179835","type":"FeedItem::Update","visibility":"public","title":"Webinar 2/25 @ 10am PT","preview":"Hi Wefunder Community,When it comes to our Community investment round on Wefunder, our goal is to be proactive with sharing information on our business, who we are, and how we plan to succeed. Over the course of running our 2024/2025 campaign, we've received questions from current and prospective future investors. In our efforts to continually operate a transparent campaign, we're hosting another webinar to answer your questions. This time, our webinar will be held on LinkedIn. Join us Tuesda...","published_at":"2025-02-24T20:43:06Z","author_name":"Matthew Mead","url":"/feed/179835","canonical_url":"https://wefunder.com/feed/179835"},{"id":179782,"entity_id":"wefunder:feed_item:179782","type":"FeedItem::Update","visibility":"public","title":"1 Week Left","preview":"Our campaign is winding down. We've received a lot of inquiries about our round, how it works, and how we intend to maximize your investment to build a healthy company that benefits people and planet. You asked, we answered!Join Cofounder Tommy Gibbons on a dive into the mechanics of Regulation Crowdfunding, and how it all works!Your investment is important to us. In 2022, when we raised our first round, we accomplished all that we promised to accomplish. We have huge plans for 2025 and beyon...","published_at":"2025-02-22T02:51:18Z","author_name":"Matthew Mead","url":"/feed/179782","canonical_url":"https://wefunder.com/feed/179782"},{"id":179598,"entity_id":"wefunder:feed_item:179598","type":"FeedItem::Update","visibility":"public","title":"Another Award 🏆 Vote for Us!","preview":"Hempitecture Nominated for Global Innovation and Achievement Award\u0026nbsp;We're excited to announce that INDA, Association of the Nonwoven Fabrics Industry, has nominated us for the Long-Life Nonwoven Innovation Achievement Award for our product PlantPanel. We're going up against global powerhouses in product manufacturing, so we need your support, Investors!Vote for our Innovation to receive the top honor by following the link: Vote HereThe IDEA® Achievement Awards celebrate excellence in prod...","published_at":"2025-02-18T00:01:38Z","author_name":"Matthew Mead","url":"/feed/179598","canonical_url":"https://wefunder.com/feed/179598"},{"id":179503,"entity_id":"wefunder:feed_item:179503","type":"FeedItem::Update","visibility":"public","title":"2 Weeks till Close","preview":"To our Wefunder Community,We're in the final countdown. It's time to finalize your investment, if you have not already. If you're considering upsizing your investment, the time is now. This will allow for processing and bank clearance to happen.If you're not sure if your investment has been finalized, visit www.wefunder.com/portfolio. From there, you will see if any action items are required. Action items might include confirming your reservation, confirming your address, providing your accre...","published_at":"2025-02-13T18:30:16Z","author_name":"Matthew Mead","url":"/feed/179503","canonical_url":"https://wefunder.com/feed/179503"}],"q_and_a":[{"id":152170,"entity_id":"wefunder:comment:152170","question":"I would appreciate it if you could assist me with a few questions: (1) How does your price for Hempwool compare to the price of fiberglass insulation at the present time? (2) How does your cost to manufacture Hempwool compare to the cost of manufacturing fiberglass insulation (to the best of your knowledge) at the present time? (3) To what extent, if any, will constructing the new manufacturing plant reduce your manufacturing costs? (4) What information can you provide about your margin strategy? Do you intend to initially sell Hempwool at a lower gross margin in order to take market share? (5) We're currently in an environment where the prices of building materials are increasing significantly, so much so that property developers are now often including escalation clauses to cover the increased costs in their contracts. Unless the price of Hempwool is lower than fiberglass insulation, it seems that it would be exceptionally challenging to compete with fiberglass in this period of rising prices. Do you expect building materials prices to stabilize or decline by 2022, or are you raising now because you view it as a step that is simply inevitably necessary to expand the business? Thank you for your attention and assistance with these questions.","author_name":"Jeffrey N. Vargas","votes":17,"created_at":"2021-06-02T10:40:20Z","canonical_url":"https://wefunder.com/hempitecture#question-152170","answers":[{"id":153032,"entity_id":"wefunder:comment:153032","answer":"Hi Jeffrey, thanks for your interest and the great questions. I will answer them here. Q: How does your price for Hempwool compare to the price of fiberglass insulation at the present time? A: HempWool is about 2x the cost of fiberglass at current time, however with US manufacturing we intend to bring the cost to within 20 to 30% of fiberglass, and be price competitive with RockWool. Q: How does your cost to manufacture Hempwool compare to the cost of manufacturing fiberglass insulation (to the best of your knowledge) at the present time? A: Fiberglass is a well established industry with huge multinational players in the space. Because of their scale, they are able to produce more volume and at lower costs than our facility. With that being said, we intend to bring it in line with the price premium outlined above. Our capacity will be over 5 million square feet per year with our first facility, and we can increase capacity by running more shifts per day. Q: To what extent, if any, will constructing the new manufacturing plant reduce your manufacturing costs? A: Manufacturing this product in the US will allow us to utilize locally and regionally grown feedstocks, which we believe will help us lower our costs. There is a significant investment to produce here, but according to our projections, we will have this facility paid off in about 2 years. We can also toll manufacture other products which will allow us to reduce the break even period. Q: What information can you provide about your margin strategy? Do you intend to initially sell Hempwool at a lower gross margin in order to take market share? A: Our margins are designed to bring our costs per SqFt unit more in line with conventional insulation products like RockWool and fiberglass. We understand that a lower cost is essential to gain more market adoption. Q: We're currently in an environment where the prices of building materials are increasing significantly, so much so that property developers are now often including escalation clauses to cover the increased costs in their contracts. Unless the price of Hempwool is lower than fiberglass insulation, it seems that it would be exceptionally challenging to compete with fiberglass in this period of rising prices. Do you expect building materials prices to stabilize or decline by 2022, or are you raising now because you view it as a step that is simply inevitably necessary to expand the business? A: Yes, rising construction costs are a significant challenge across the construction sector, affecting everyone from home builders to home buyers. Fiberglass inherently lacks qualities that HempWool has. For instance, the carbon capture nature of our biobased product is something that fiberglass cannot claim. There are government forces that are transitioning the market towards more carbon conscious options. The US gov't recently just announced that all federal buildings will need to utilize more carbon smart materials. Because our products are inherently more sustainable, we're well positioned to be the material of choice. We believe that prices will ultimately stabilize across the construction segment, but this will take time and it is difficult to say if that will occur in 2022. We do realize there is a moment right now that we could capitalize upon by getting our facility up and running. That's why we're trying to operate with speed so that we can capitalize. There will always be a value added element to HempWool that may have at a slightly higher price premium, but with that being said, the blueprint that we are creating is something that can be replicated regionally across the US. Our 10 yr plan factors in multiple production facilities. This ultimately will allow us to bring this material to scale, and take market share away from well established industries like Fiberglass. Thank you for your great questions and you can reach me directly at Mattie@Hempitecture.com if you have any questions that you'd personally like to ask! Have a great day!","author_name":"Matthew Mead","votes":17,"created_at":"2021-06-07T20:07:32Z"}]},{"id":153019,"entity_id":"wefunder:comment:153019","question":"How much resistance to fire does Hempwool have if any?","author_name":"John S Dressler","votes":9,"created_at":"2021-06-07T18:48:41Z","canonical_url":"https://wefunder.com/hempitecture#question-153019","answers":[{"id":153043,"entity_id":"wefunder:comment:153043","answer":"Hi John. When we are producing HempWool in the US in our pilot manufacturing facility, we will be incorporating fire resistive treatments to the fiber that are inline with no VOC, no toxicity. We are currently working with University of Idaho and soon to be working with the Department of Energy via Oak Ridge National Laboratory to further evaluate the ideal fire resistive treatments that meet our healthy and sustainable goals. You can reach out directly to me at Mattie@Hempitecture.com if you'd like to speak directly. Be well and have a great day!","author_name":"Matthew Mead","votes":5,"created_at":"2021-06-07T21:00:49Z"}]},{"id":153538,"entity_id":"wefunder:comment:153538","question":"Hi, your transparent and thoughtful answers here are encouraging. I was wondering if you could compare your product with traditional sources beyond what's already been asked - aside from cost and insulating quality, what comparative benefits are there such as pest resistance, durability, and anything else? Also, it is great that it captures CO2, but can you quantify that at all - is it just a very tiny bit or a substantial amount? Finally, can you describe the breadth and value of your IP - how easy would it be for another company to make hemp-based insulation using different methods, and why would you maintain an advantage? Thanks!","author_name":"Alan Jacobson","votes":6,"created_at":"2021-06-11T12:18:51Z","canonical_url":"https://wefunder.com/hempitecture#question-153538","answers":[{"id":153731,"entity_id":"wefunder:comment:153731","answer":"Hi, Thanks for your questions Alan. There are a number of benefits to HempWool insulation. Some of these include the vapor permeability qualities, which allow it to hold and pass moisture without degradation or risk of mold. It also is a pest resistant product for a couple of reasons: the binding matrix used and the density of the product make it undesirable to burrow in. Materials like fiberglass leave space within wall cavities that make it ideal to burrow in, whereas HempWool fills the cavity completely. We will be undertaking multiple research projects with state and federal partners. Have you read the update about our COO representing Hempitecture at a Department of Energy Program to help develop and research our products, as well as to generate new unique IP? On a state level, we have a $206k research grant from University of Idaho to conduct necessary research. These two programs will be working in tandem to develop a portfolio of IP and a product roadmap. It's hard to beat being backed by the Department of Energy ;-) In regards to carbon capture, we will be conducting a full LCA for an EPD upon commissioning of our facility. We will be using 75% renewable energy portfolio to power our facility, and ideally would supplement 25% solar within 5 years. For HempWool resources: https://www.hempitecture.com/hempwoolresources Read the update about Tommy going to Oak Ridge National Lab: https://wefunder.com/updates/145832-hempitecture-announces-doe-partnership-to-decarbonize-building-materials It is still early for our company, and we recognize the importance of utilizing resources like our Idaho Department of Commerce Grant and the Department of Energy Fellowship to further establish ourselves as the leaders of the biobased products industry, while furthering our research at the same time. Have a great day! Mattie","author_name":"Matthew Mead","votes":3,"created_at":"2021-06-14T18:01:46Z"}]},{"id":301930,"entity_id":"wefunder:comment:301930","question":"Given the noise emanating from DC, what is the current expectation regarding the DOE award from last year?","author_name":"Erik Schneider","votes":5,"created_at":"2025-02-10T22:53:01Z","canonical_url":"https://wefunder.com/hempitecture#question-301930","answers":[{"id":306747,"entity_id":"wefunder:comment:306747","answer":"Good question Erik! We're currently in a holding pattern until they reapprove the funding of all their projects. I'd expect we'll know more later this spring.","author_name":"Tommy Gibbons","votes":0,"created_at":"2025-04-23T22:38:54Z"}]},{"id":230846,"entity_id":"wefunder:comment:230846","question":"Could you please inform me of the status of my Hempitecture / WeFunder investment ? Thank you .Chris Allegri","author_name":"Chris ALLEGRI","votes":4,"created_at":"2023-01-10T15:21:27Z","canonical_url":"https://wefunder.com/hempitecture#question-230846","answers":[{"id":245576,"entity_id":"wefunder:comment:245576","answer":"Hi Chris, We have your investment and we are working hard on expanding our revenue base now that we've commissioned the Idaho manufacturing line. There is no near term investment liquidity, but rest assured when that time comes, we are working to ensure you earn a premium on your investment return. Thank you, Tommy","author_name":"Tommy Gibbons","votes":0,"created_at":"2023-05-03T19:46:29Z"}]},{"id":151498,"entity_id":"wefunder:comment:151498","question":"What are the \"Investor Perks\" that are associated with the different levels of funding? Cheers","author_name":"Satbir Gill","votes":4,"created_at":"2021-05-28T18:34:22Z","canonical_url":"https://wefunder.com/hempitecture#question-151498","answers":[{"id":152045,"entity_id":"wefunder:comment:152045","answer":"Hi Satbir! Thanks for the question. We will be announcing investor perks soon. Stay tuned!","author_name":"Matthew Mead","votes":0,"created_at":"2021-06-01T18:37:51Z"}]},{"id":300119,"entity_id":"wefunder:comment:300119","question":"I went to finalize my investment and observed the official name was Hempitecture II? Can you please explain the designation of “II” after the name?","author_name":"DaLi Borden","votes":3,"created_at":"2025-01-16T16:37:15Z","canonical_url":"https://wefunder.com/hempitecture#question-300119","answers":[{"id":300338,"entity_id":"wefunder:comment:300338","answer":"Hi, This is our second round on Wefunder, so within the system, it is designated has Hempitecture II. Don't hesitate to reach out with more questions.","author_name":"Matthew Mead","votes":0,"created_at":"2025-01-17T00:37:02Z"}]},{"id":205249,"entity_id":"wefunder:comment:205249","question":"Are you still accepting investors? I just spoke with Tim at 1000 Springs Mill and he said the hemp he is growing for the hemp seed, the rest of the plant is going to you. I'd like to be a part of this ground floor company. Tim is giving me your number so I will contact you there as well.","author_name":"Lori Stewart","votes":3,"created_at":"2022-05-16T16:15:25Z","canonical_url":"https://wefunder.com/hempitecture#question-205249","answers":[{"id":245613,"entity_id":"wefunder:comment:245613","answer":"Hi Lori, We're glad you met Tim we do not have a current investment round open but please send an email to investment@hempitecture.com to let us know about your investment interest. Your question just missed us by about 20 days sadly! Thanks! Tommy","author_name":"Tommy Gibbons","votes":0,"created_at":"2023-05-03T21:48:20Z"}]},{"id":152259,"entity_id":"wefunder:comment:152259","question":"How does the weight and R-value and R-value/KG compare to traditional and other alternative insulation? What is the cost per square foot per R-value compared to fiberglass batt, mineral wool and foam board?","author_name":"Matt Davidson","votes":3,"created_at":"2021-06-02T19:49:15Z","canonical_url":"https://wefunder.com/hempitecture#question-152259","answers":[{"id":153033,"entity_id":"wefunder:comment:153033","answer":"Hi Matt! Thanks for your questions and interest in Hempitecture. The weight is higher than fiberglass, it's a denser material. A better comparison would be mineral wool. Our R Values are comparable to fiberglass currently, and through a research grant from Idaho Department of Commerce for $206k, we will be working with the University of Idaho and their Renewable Resources Laboratory to value add to HempWool products to meet or exceed all relevant codes. The cost per square foot of HempWool currently is nearly 2x the cost of fiberglass, but with US manufacturing, we'll be working to bring it to a 20 to 30% price difference from fiberglass. We don't consider foam board a comparable product, but in our product road map, we'll be tackling that. We'll be doing a 2 year fellowship with the Department of Energy via the Oakridge National Laboratory where we'll develop these next-gen products to create biobased alternatives to hugely carbon intensive products like foam board. Thanks again, and if anything else comes up, feel free to ask here our reach out directly to me at mattie@hempitecture.com Cheers!","author_name":"Matthew Mead","votes":3,"created_at":"2021-06-07T20:12:01Z"}]},{"id":278597,"entity_id":"wefunder:comment:278597","question":"Hello, Any competition in this Hemp space with a similar product. Do you have any IP rights to this technique ?","author_name":"Silvr Tabz","votes":2,"created_at":"2024-03-13T20:13:26Z","canonical_url":"https://wefunder.com/hempitecture#question-278597","answers":[{"id":279757,"entity_id":"wefunder:comment:279757","answer":"Hi Silvr, There's no competition in the hemp batt insulation space in the United States currently, but there are international manufacturers of similar products. We do have proprietary IP on certain elements of our product as well as the process it's manufactured. We also have IP on new, unreleased products we developing. Thank you! Tommy","author_name":"Tommy Gibbons","votes":0,"created_at":"2024-03-26T19:55:34Z"}]},{"id":252476,"entity_id":"wefunder:comment:252476","question":"Will there be future opportunities to invest?","author_name":"Marcelino O","votes":2,"created_at":"2023-07-03T01:03:08Z","canonical_url":"https://wefunder.com/hempitecture#question-252476","answers":[{"id":274978,"entity_id":"wefunder:comment:274978","answer":"Hi Marcelino - stay tuned to this page and you'll be the first to know of new opportunities. Keep your eyes peeled in the next 3-4 weeks!","author_name":"Tommy Gibbons","votes":0,"created_at":"2024-01-29T19:44:02Z"}]},{"id":251080,"entity_id":"wefunder:comment:251080","question":"Hello I was just seeing if can invest more and if people who haven't invested can as well? I on the Wefunder page but don't see a link to invest.","author_name":"Brian Kenyon","votes":2,"created_at":"2023-06-19T14:36:10Z","canonical_url":"https://wefunder.com/hempitecture#question-251080","answers":[{"id":274979,"entity_id":"wefunder:comment:274979","answer":"Hi Brian - glad to have your support as an investor and happy to hear you'd like to invest more. We will be re-opening a round later this year. Stay tuned to the page to hear when the campaign goes live.","author_name":"Tommy Gibbons","votes":0,"created_at":"2024-01-29T19:44:59Z"}]},{"id":229569,"entity_id":"wefunder:comment:229569","question":"Just discovered your product/technology and I am intrigued to learn more. Some of these initial questions may have already been addressed below, and if so, kindly direct me to them. 1) Is all of the hemp used in the products grown and sourced from the US? From reviewing past exchanges I believe this is indeed the case. 2) What is the THC% level in the hemp used and how is it tested for verification? 3) Is the most recent Independent Auditor Report as well as projections available for review? 4) Is there a current seed round right now, and if so what are the specifics? Thanks.","author_name":"Al Scott","votes":2,"created_at":"2022-12-25T18:30:56Z","canonical_url":"https://wefunder.com/hempitecture#question-229569","answers":[{"id":245577,"entity_id":"wefunder:comment:245577","answer":"1) North America 2) \u0026lt; 3% 3) You can see this on EDGAR in the SEC filings 4) we are not actively fundraising currently but we will have a limited access round beginning soon due to investor interest. You can send an email to investment@hempitecture.com describing. your interest.","author_name":"Tommy Gibbons","votes":0,"created_at":"2023-05-03T19:48:17Z"}]},{"id":227400,"entity_id":"wefunder:comment:227400","question":"Hello to all! It pains me that I was not around long enough to notice your live round on this platform but, ended up on your waitlist on Wefunder. Do you think you guys may get around to Wefunder and allow the waitlisted to buy in on this awesome company? I am hanging on hoping I can be apart your sound minded organization and look forward to hopefully an answer from you guys soon. Hey by the way, great job with your latest accomplishment!","author_name":"Edward McIntyre","votes":2,"created_at":"2022-12-02T05:53:09Z","canonical_url":"https://wefunder.com/hempitecture#question-227400","answers":[{"id":245614,"entity_id":"wefunder:comment:245614","answer":"Hi Edward, It's hard to say whether we'll be back on Wefunder but if you have an interest in investing you should send an email to investment@hempitecture.com to describe your interest. Thank you! Tommy","author_name":"Tommy Gibbons","votes":0,"created_at":"2023-05-03T21:50:59Z"}]},{"id":220716,"entity_id":"wefunder:comment:220716","question":"What is your time frame for another round of investing?","author_name":"Diana Gilmore","votes":2,"created_at":"2022-10-01T14:40:19Z","canonical_url":"https://wefunder.com/hempitecture#question-220716","answers":[{"id":238573,"entity_id":"wefunder:comment:238573","answer":"Hi Diana, We will be sure to announce to our email list when there’s another public investing opportunity. Make sure you subscribe! Thank you, Tommy","author_name":"Tommy Gibbons","votes":0,"created_at":"2023-03-13T00:47:12Z"}]},{"id":213092,"entity_id":"wefunder:comment:213092","question":"Are there any plans to make blown insulation as well?","author_name":"Philip Hasterok","votes":2,"created_at":"2022-07-28T20:39:43Z","canonical_url":"https://wefunder.com/hempitecture#question-213092","answers":[{"id":236358,"entity_id":"wefunder:comment:236358","answer":"Hi Philip, Thanks for this question. We hope to be able to say more on this important issue soon. Stay tuned ;). Thank you, Tommy","author_name":"Tommy Gibbons","votes":0,"created_at":"2023-02-26T03:31:48Z"}]},{"id":203758,"entity_id":"wefunder:comment:203758","question":"Sorry I missed the raise! Love this idea! Have you connected with S2A Modular? They produce net-zero buildings and offer hemp-based construction materials. It may be a good B2B for you! 😉","author_name":"Jennifer Kelly","votes":2,"created_at":"2022-05-01T19:09:53Z","canonical_url":"https://wefunder.com/hempitecture#question-203758","answers":[{"id":238574,"entity_id":"wefunder:comment:238574","answer":"We have! Stay subscribed to our email list for future announcements!","author_name":"Tommy Gibbons","votes":0,"created_at":"2023-03-13T00:47:46Z"}]},{"id":199178,"entity_id":"wefunder:comment:199178","question":"Thanks for the previous answer. Can you share with me a detailed TDS of your product(s)? I understand now that you may have more than one product, but I could not understand this when I went through your website. Is this correct? If yes, why?","author_name":"Volpatti Giovanni","votes":2,"created_at":"2022-04-01T09:59:10Z","canonical_url":"https://wefunder.com/hempitecture#question-199178","answers":[{"id":203240,"entity_id":"wefunder:comment:203240","answer":"Hi, We redesigned our website to more clearly explain our product categories, see here: https://www.hempitecture.com/products Our TDS is downloadable from our product pages. Thank you","author_name":"Matthew Mead","votes":1,"created_at":"2022-04-28T13:15:04Z"}]},{"id":195591,"entity_id":"wefunder:comment:195591","question":"When does it IPO \u0026amp; what will be the symbol?","author_name":"Edna Kish","votes":2,"created_at":"2022-03-09T03:48:22Z","canonical_url":"https://wefunder.com/hempitecture#question-195591","answers":[{"id":195847,"entity_id":"wefunder:comment:195847","answer":"We do not have a date for IPO established yet, Edna, but as an investor in Hempitecture, you will be the first to know!","author_name":"Matthew Mead","votes":0,"created_at":"2022-03-10T21:18:14Z"}]},{"id":154954,"entity_id":"wefunder:comment:154954","question":"Hi, the investment in plant and infrastructure looks solid, but this kind of growth is frequently funded by debt financing rather than an equity raise. Why raise equity for this project instead of debt?","author_name":"Patrick Spaulding Ryan, PhD","votes":2,"created_at":"2021-06-27T03:14:46Z","canonical_url":"https://wefunder.com/hempitecture#question-154954","answers":[{"id":155133,"entity_id":"wefunder:comment:155133","answer":"Hi Patrick, We are funding ~$2.5m of this venture with debt, for a total of $5m. That way, we have less equity dilution early on, and the Wefunder provides growth capital whereas debt is typically for assets. Thank you, Mattie","author_name":"Matthew Mead","votes":2,"created_at":"2021-06-28T23:43:35Z"}]},{"id":152383,"entity_id":"wefunder:comment:152383","question":"What is the cost difference compared to fiberglass? Is it more expensive to produce and therefore more expensive at retail? Would you consider being bought out by major players in this industry like Owens Corning? What or who is your target market to sell to and how do you plan on marketing this revolutionary product to developers?","author_name":"Marques Mason","votes":2,"created_at":"2021-06-03T04:56:30Z","canonical_url":"https://wefunder.com/hempitecture#question-152383","answers":[{"id":153034,"entity_id":"wefunder:comment:153034","answer":"Hi Marques. You bring up some great questions here. We're about 2x the cost of fiberglass currently but we will be working to bring our costs to within 20 to 30% price premium over fiberglass. We are considering a few possible exit strategies to provide value to shareholders. One of which would be acquisition by huge players like Owens Corning. Alternatively, we'd consider an IPO. Our target market is the residential construction sector. We will also be targeting commercial, large scale contracts, but that will not be possible until we have US manufacturing secured. We'll be pursuing channels like tradeshows and direct to architect marketing to build awareness around our product, while also building B2B relationships with insulation distributors. Additionally, we believe there is the potential to disrupt how insulation and building materials are bought and sold by selling direct to consumer in a way that makes it easier than ever before to buy insulation. We haven't publicly announced this yet, but you can visit www.buy.hempitecture.com to see how we are intending to create a platform that will disrupt conventional insulation purchasing by offering direct to consumer option by buying factory direct. Thanks! Mattie","author_name":"Matthew Mead","votes":1,"created_at":"2021-06-07T20:17:16Z"}]},{"id":301667,"entity_id":"wefunder:comment:301667","question":"As an investor in Hempitectures previous round, I just want to note how fun it's been to follow along on their journey. Anyone who has made investments through Wefunder before can tell you that many companies here take your money and you never (or rarely) hear from them again. Matthew and team do a great job taking their investors along for the ride, posting updates on progress and setbacks and make you feel like you're apart of the team. That's one of my favorite parts about crowdfunding and I appreciate Matthew embracing it. To throw a question on top, what brought you back to Wefunder/crowdfunding again vs. reaching out to larger VCs?","author_name":"Marc Ramsey","votes":1,"created_at":"2025-02-06T06:38:46Z","canonical_url":"https://wefunder.com/hempitecture#question-301667","answers":[{"id":301681,"entity_id":"wefunder:comment:301681","answer":"Hey Marc! I'll chime in for Mattie since he's testifying in front of the Boise legislature this morning on the progress of the Idaho hemp industry :). We appreciate your endorsement and support of our transparency - we wanted that to be a part of our company's DNA from incorporating as a public benefit corporation, offering democratized investment, and servicing our customers directly from our factory. We knew our company was going to require a grassroots movement to take on the incumbents and we're happy with the progress - so many of our investors are our customers! The reason we're back on Wefunder is twofold: 1) this was not intended to be a \"VC sized\" round. We launched to raise a smaller amount of capital to support our NY build-out and upgrade our Idaho facility to produce FR product. Given the intended size of ~$1mm, we felt reg CF would be the best way to raise. 2) Many people reached out upset they missed the first opportunity, so we felt inclined to reopen to include some new investors. With our recent Dept of Energy award for a new and larger Tennessee facility, the time for taking larger check sizes is around the corner!","author_name":"Tommy Gibbons","votes":0,"created_at":"2025-02-06T15:43:23Z"}]},{"id":289376,"entity_id":"wefunder:comment:289376","question":"How are things going?","author_name":"Jacob Johnston","votes":1,"created_at":"2024-08-02T19:38:11Z","canonical_url":"https://wefunder.com/hempitecture#question-289376","answers":[{"id":290514,"entity_id":"wefunder:comment:290514","answer":"Hi Jacob, thanks for checking in. Our updates page is a great place to learn about all our progress, we try to post a few times a month there. Today we posted this: https://wefunder.com/updates/175253-close-to-1m-in-funding Another helpful update might be about our record sales quarter: https://wefunder.com/updates/163898-hempitecture-logs-record-q2 We'll keep posting updates so our investors can see all the happenings that are driving growth at Hempitecture!","author_name":"Matthew Mead","votes":0,"created_at":"2024-08-15T20:13:44Z"}]},{"id":286613,"entity_id":"wefunder:comment:286613","question":"What is the R vale for the insulation?","author_name":"Andrew Johnsen","votes":1,"created_at":"2024-07-05T17:19:20Z","canonical_url":"https://wefunder.com/hempitecture#question-286613","answers":[{"id":290516,"entity_id":"wefunder:comment:290516","answer":"Our different products have different thermal values, ranging from R3.5-R3.8. We have batt insulation, board insulation, and are developing a new product that's slightly behind the scenes at the moment.","author_name":"Matthew Mead","votes":0,"created_at":"2024-08-15T20:15:07Z"}]},{"id":281569,"entity_id":"wefunder:comment:281569","question":"Can you describe your revenue model and how your company records revenue","author_name":"Lily Coyne","votes":1,"created_at":"2024-04-16T18:28:56Z","canonical_url":"https://wefunder.com/hempitecture#question-281569","answers":[{"id":290520,"entity_id":"wefunder:comment:290520","answer":"Hi Lily. We are producing revenue today in two ways. We are manufacturing products and selling direct to consumer. This is primarily though our innovative online platform that can be found here: www.buy.hempitecture.com Second, we have tapped into recurring revenue streams through toll manufacturing. This is a new segment for 2024 , implemented end of Q2. We will have produced $500k estimated recurring revenue in 2024 and expect that to be north of $1m in 2025.","author_name":"Matthew Mead","votes":0,"created_at":"2024-08-15T20:20:45Z"}]}],"faq":[{"question":"What are the \"Investor Perks\" that are associated with the different levels of funding? Cheers","answer":"Hi Satbir! Thanks for the question. We will be announcing investor perks soon. Stay tuned!"},{"question":"I would appreciate it if you could assist me with a few questions: (1) How does your price for Hempwool compare to the price of fiberglass insulation at the present time? (2) How does your cost to manufacture Hempwool compare to the cost of manufacturing fiberglass insulation ...","answer":"Hi Jeffrey, thanks for your interest and the great questions. I will answer them here. Q: How does your price for Hempwool compare to the price of fiberglass insulation at the present time? A: HempWool is about 2x the cost of fiberglass at current time, however with US manufacturing we intend to bring the cost to within 20 to 30% of fiberglass, and be price competitive with RockWool. Q: How does your cost to manufacture Hempwool compare to the cost of manufacturing fiberglass insulation (to t..."},{"question":"How does the weight and R-value and R-value/KG compare to traditional and other alternative insulation? What is the cost per square foot per R-value compared to fiberglass batt, mineral wool and foam board?","answer":"Hi Matt! Thanks for your questions and interest in Hempitecture. The weight is higher than fiberglass, it's a denser material. A better comparison would be mineral wool. Our R Values are comparable to fiberglass currently, and through a research grant from Idaho Department of Commerce for $206k, we will be working with the University of Idaho and their Renewable Resources Laboratory to value add to HempWool products to meet or exceed all relevant codes. The cost per square foot of HempWool cu..."},{"question":"What is the cost difference compared to fiberglass? Is it more expensive to produce and therefore more expensive at retail? Would you consider being bought out by major players in this industry like Owens Corning? What or who is your target market to sell to and how do you pla...","answer":"Hi Marques. You bring up some great questions here. We're about 2x the cost of fiberglass currently but we will be working to bring our costs to within 20 to 30% price premium over fiberglass. We are considering a few possible exit strategies to provide value to shareholders. One of which would be acquisition by huge players like Owens Corning. Alternatively, we'd consider an IPO. Our target market is the residential construction sector. We will also be targeting commercial, large scale contr..."},{"question":"How much resistance to fire does Hempwool have if any?","answer":"Hi John. When we are producing HempWool in the US in our pilot manufacturing facility, we will be incorporating fire resistive treatments to the fiber that are inline with no VOC, no toxicity. We are currently working with University of Idaho and soon to be working with the Department of Energy via Oak Ridge National Laboratory to further evaluate the ideal fire resistive treatments that meet our healthy and sustainable goals. You can reach out directly to me at Mattie@Hempitecture.com if you..."}]}}}