Boxabl Is Building Modular Foldable Homes That Can Be Setup in an Hour and Produced Every 90 Minutes

This company is going to revolutionize the housing industry.

Caleb Naysmith
Democratizing.Finance

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Boxabl has been making waves in recent times with its ambitious goals, but what sets them apart is its execution. Boxabl has a lofty goal to have several factories all around the world producing fully modular, tiny homes that can be stacked, rearranged, and customized based on a family's needs and budget. They have the lofty goal of raising $1 billion to produce a Giga factory that can produce one boxabl every 90 minutes, then franchise factories all around the world. In less than a year, the company has set up a factory currently producing two homes a day, with plans to ramp that up to four by the end of 2022. They have already produced hundreds of tiny homes to date and shown ways in which it could become modular and stackable.

Not bad for a company with that’s only been in production for less than a year.

The tiny homes sell for only $50,000 and can be set up in just 1 hour upon delivery. They can be towed by most vehicles, although it’s not recommended to…

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Caleb Naysmith
Democratizing.Finance

Head of Startup News at Benzinga, Founder of Democratizing.Finance — J.D., Army Officer, and writing about Startups and Equity Crowdfunding!