LumenCache
$400b lighting industry game-changer focused on builders to solve adoption. Costs accelerate demand
https://wefunder.com/lumencache
Total raised on Wefunder: 0
Total investors: 0
Quick facts
- Gross margin hardware over 65%. 70% after scale-up and additional factory automation.
- Demand growing quickly due to ideal product-market fit and rising material cost (heavy Copper wire).
- Organic growth alone predicts 28mo to complete 2.0x return at 15% gross revenue paid quarterly
- Uniquely in the center of built environment tech trends: Batteries, Solar, LEDs, Automation, IoT.
- Founder with significant vision and industry experience. LumenCache inspired the LEED DC Credits.
- Solved adoption gap focusing on Builder's needs first: Cost, Schedule, Quality, Labor ease, Supply
- Using 2021 Home Start data of the top 10 builders: 10% adoption would be $3.9m/mo for lighting.
- Utility Patent granted in multiple territories including US, China, Brazil, EU, UK