US based PropTech Company raising $50M

The architecture world is ever growing, with new offerings being launched every day. While there are some advancements focused at catching attention, there are others which promote better living. One such sector that is getting a lot of popularity in the modern times is economical, sustainable construction. 

There is a growing demand for businesses that provide design, construction, and installation of economical houses which doesn’t just use sustainable raw material but also solves the issue of homelessness. The provision of sustainable, economically sound property construction is what the world needs right now. 

So when the founders of a foldable house company came to us looking for funding support, we know that when we talk about innovation and market size, they had amazing chances of getting funded. They had an already established business where they were designing layout, procuring and building foldable houses made of sustainable material, and installing them in different locations – all at extremely affordable rates.  

“When we sat with the firm’s founder to understand their business and how sound they were, we realized that their offering was not just innovative but also solved some key social issues related to housing. The houses were easily moveable, were made of sustainable products, very affordable, and took up very little property space. All in all, they were fit for getting funding on multiple grounds.” – Ash Narain, CEO, Marquee.

Foldable houses are a very new concept. And what is best about a new concept that addresses the masses is that even though the market size is small, it offers promises of growth. What is working in the favour of foldable houses is that Elon Musk owns one and has also invested in the sector. 

Now, we know how when a tech giant or a serial investor puts their money in a sector, its value automatically increases. This is what we are seeing happening with the foldable house domain. So even though there are no statistics or growth charts to define its success today, it is bound to become a highly in-demand property option in the time to come.