Blokable is a high-performance modular building system designed to allow developers to deliver smart, energy efficient housing, for multi-family and mixed-use projects in a fraction of the time.
A single plug-and-play modular building unit can be used as a small format home. Two or more can snap together laterally or stack for instant offices or pop-up retail space. They can be shipped on trucks or trains to locations in need of affordable housing or disaster relief. Units can be joined to create a multitude of configurations, from single-family housing to multi-unit smart communities.
Each plug-and-play unit is built in factory, delivered by truck, rapidly assembled on site, and embedded with Blokable's proprietary and seamless technology platform. Individual Blokable units link vertically and horizontally via unit connectors allowing information and utilities to flow freely between the units. In this way, Blokable networks can manage their own performance and become smarter and more efficient over time.
Blokable believes building isn't an endgame; it's the beginning of a relationship.
Each Blokable unit integrates hardware and software that connects and controls everything from lighting to utilities to media to security systems. Units ship with pre-installed smart home components to manage security, temperature, lighting, power, water flows, and air quality.
Individual Blokable units link vertically and horizontally via unit connectors (uC) allowing information and utilities to flow freely between the units and to form housing networks. The unit connectors communicate with our Smart Panel which sends energy usage and smart home data to the cloud for collection and analysis. In this way, each Blokable network measures its own performance and can become smarter and more efficient over time as owners and their smart devices adjust behaviors in response to real time feedback and usage.
Aaron and Tim worked together at Amazon, building out the company's first physical retail store in Seattle in 2015. Michael was a service provider for the same project, designing and fabricating hardware. Michael and Blair worked together at Leatherman and talked for years about building a modular housing solution. In December of 2015, Aaron started Blokable and pitched the team on the idea of creating a modular building 'product' that would plug and play and empower people to create entire vibrant communities of small format building blocks. In January of 2016 the team got to work and Blokable started to take form.
Frequently Asked Questions
When you complete your investment on SeedInvest, your money will be transferred to an escrow account where an independent escrow agent will watch over your investment until it is accepted by Blokable. Once Blokable accepts your investment, and certain regulatory procedures are completed, your money will be transferred from the escrow account to Blokable in exchange for your shares. At that point, you will be a proud owner in Blokable.
Preferred equity is usually issued to outside investors and carries rights and conditions that are different from that of common stock. For example, preferred equity may include rights that prevent or minimize the effects of dilution or grants special privileges in situations when the company is sold.
A convertible note is a unique form of debt that converts into equity, usually in conjunction with a future financing round. The investor effectively loans money to a startup with the expectation that they will receive equity in the company in the future at a discounted price per share when the company raises its next round of financing.
To learn more about startup investment types check out “How to Choose a Startup Investment” in our academy.
To make an investment, you will need the following information readily available:
- Personal information such as your current address and phone number
- Employment and employer information
- Net worth and income information
- Social Security Number or government-issued identification
- ABA bank routing number and checking account number (typically found on a personal check or bank statement)
Until a closing occurs, you may cancel your investment at any time, for any reason. You will receive an email when the closing occurs and your shares have been issued. If you have already funded your investment and your funds are in escrow, your funds will be promptly refunded to you upon cancellation. To cancel your investment, please go to your portfolio page.
Currently there is no market or liquidity for these shares. Right now Blokable does not plan to list these shares on a national exchange or another secondary market. At some point Blokable may choose to do so, but until then you should plan to hold your investment for a significant period of time before a “liquidation event” occurs. A “liquidation event” is when Blokable either lists their shares on an exchange, is acquired, or goes bankrupt.
You can return to SeedInvest at any time to view your portfolio of investments and obtain a summary statement.
This is Blokable's fundraising profile page, where you can find information that may be helpful for you to make an investment decision in their company. The information on this page includes the company overview, team bios, and the risks and disclosures related to this investment opportunity.
This investment is highly speculative and should not be made by anyone who cannot afford to risk the entire investment amount. In addition to these risks, you should carefully consider the specific information and risks disclosed in Blokable’s profile.