Azure Printed Homes, a manufacturer of sustainable 3D-printed modular and prefab housing, is completing three years of business and its third round of funding on April 30. The company was founded in March 2022 as an outgrowth of Azure Construction in California and has raised $6 million so far (including $1.3 million in venture capital) and has $35 million in pre-orders, according to a press release.
The company’s current crowdfunding campaign will end on April 30, with the share price discount ending on April 26 (full information on the investment is available here).
The company’s primary factory location, which is currently expanding, is based in Los Angeles, Calif., with a Denver, Colo., factory slated to open during 2025.
“We are a U.S. manufacturer that is immune to tariffs and are scaling as fast as possible to address the current needs,” said Gene Eidelman, co-founder of Azure. “Additionally, we are the only modular manufacturer based in L.A., which is making us an ideal resource to assist in rebuilding at scale following the recent L.A. Fires.”
The company has completed more than 100 homes so far using technology that is 70% faster and 30% less expensive than traditional construction, Eidelman said.
In addition to primary homes, ADUs, studios and tiny homes, the company is increasingly prevalent in developments of transitional housing to address the growing problem of homelessness.
Outdoor hospitality and Glamping resorts are other common buyers of Azure homes. Azure is the manufacturer of choice of units for glamping resorts in multiple states, including California, Georgia, Arkansas, Tennessee and Texas, stated the release.
By 2030, the company intends to be manufacturing 2,500 homes per year.
