What is Blokable?
Blokable is revolutionizing the housing industry by offering a vertically integrated development platform. Founded by veterans of the real estate and technology sectors, the company aims to increase prosperity and equity through the scalable construction of high-quality, low-cost, connected housing. Blokable's comprehensive solution spans design, financing, manufacturing, construction, and operational support, presenting a turnkey alternative to the traditional, often inefficient, development process. By streamlining housing creation into a transparent and precise service, Blokable challenges industry models that prioritize profit over community needs, thereby de-risking and accelerating the development of affordable and energy-efficient housing.
How much funding has Blokable raised?
Blokable has raised a total of $29M across 2 funding rounds:
Private Equity
$6M
Series A
$23M
Private Equity (2017): $6M, investors not publicly disclosed
Series A (2019): $23M led by Ten Eighty Capital, Vulcan Capital Management, LAUNCH, Motley Ventures, Dennis Joyce, Building Ventures, Kapor Capital, and Marc Benioff
Key Investors in Blokable
Vulcan Capital Management
Vulcan Capital Management is a private equity firm that invests in various sectors including energy and real estate. Their involvement suggests a strategic interest in Blokable's scalable development model and its potential for significant market impact.
Motley Ventures
Motley Ventures, an early-stage venture capital fund, typically invests in innovative startups. Their participation indicates confidence in Blokable's disruptive technology and business model within the housing sector.
Building Ventures
Building Ventures focuses on companies that are transforming the built environment. Their investment in Blokable highlights the company's innovative approach to construction and development, aligning with the firm's strategic investment thesis.
What's next for Blokable?
The recent major strategic investment signals Blokable's readiness to scale its operations and further penetrate the market. This enterprise-level funding is expected to fuel expansion initiatives, enhance technological capabilities within its development platform, and potentially broaden its geographic reach. Blokable's focus on disrupting traditional housing creation models positions it for significant growth as demand for affordable and sustainable housing solutions continues to rise. The company is poised to leverage this capital to solidify its market position and drive innovation in community development.
See full Blokable company page
