Blokable

Overview
News
Prefab Tech?
Product stageSegments
Expansion
?
Single-family residential units, Multifamily residential units
?

Blokable offers vertically integrated modular residential units, both single-family and multifamily, including retail spaces and community spaces on the ground floor. The company, based in Seattle, has two manufacturing facilities in Washington and California. The company constructed a vertically integrated modular housing development in Washington in January 2021, which the company reports was half the average house construction cost. Blokable houses are marketed as sustainable, as they can be built to generate net-zero energy and use fewer resources with lower build costs compared to stick-built houses as well as low maintenance costs.

The company uses its proprietary Vertically Integrated Modular (VIM) platform to develop low-cost housing at scale by streamlining the entire development process to eliminate unnecessary costs. The platform uses integrated building information modeling (BIM) and enterprise resource planning (ERP) systems to simplify the planning as well as product specifications. It also uses pre-approved 3D components for improved certainty of costs and better quality control. Around 95% of the modular components are assembled in the manufacturing facility before being transported to the construction site. These houses also come with smart home features such as temperature control and smart lighting solutions. 

In August 2019, the company raised USD 23 million in Series A funding, bringing its total funding to USD 30.4 million.

HQ location:
1136 Poplar Place South Seattle WA USA
Founded year:
2016
Employees:
11-50
IPO status:
Private
Total funding:
USD 35.9 mn
Last Funding:
USD 5.5 mn (Series Unknown; Apr 2023)
Last valuation:
-
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