What is indieDwell?
Founded in 2016 and headquartered in Boise, Idaho, indieDwell is dedicated to addressing the affordable housing crisis through the manufacture of energy-efficient, sustainable modular homes. The company strategically partners with foundations, non-profits, and housing authorities to scale its impact and provide accessible housing solutions.
How much funding has indieDwell raised?
indieDwell has raised a total of $11.3M across 2 funding rounds:
Unspecified
$5.5M
Series A
$5.8M
Unspecified (2019): $5.5M with participation from Gary Community Investments, The Chan Zuckerberg Initiative, Northern Trust, and Colorado Health Foundation
Series A (2021): $5.8M led by Bastogne Development Partners and HMS Developments
Key Investors in indieDwell
Gary Community Investments
Gary Community Ventures is a Colorado-based organization focused on transforming systems to build family wealth, employing catalytic grantmaking, policy advocacy, and impact investments in early childhood, education, and economic mobility.
The Chan Zuckerberg Initiative
The Chan Zuckerberg Initiative, founded in 2015, is a non-profit organization dedicated to advancing human potential and promoting equality.
Bastogne Development Partners
BDP Impact Real Estate is a Philadelphia-based firm specializing in social impact investment and urban real estate development, with a focus on affordable housing and community enhancement.
What's next for indieDwell?
The recent major strategic investment signifies a pivotal moment for indieDwell, likely enabling the company to accelerate its production capabilities, expand its market reach, and further its mission to solve the affordable housing crisis. This capital infusion is expected to fuel growth and solidify its position as a leader in sustainable modular construction.
See full indieDwell company page
