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Blokable Raises $23M In Series A Funding

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Blokable is one of many companies that design, manufacture, and deliver fully-functional modular housing structures that can be configured, connected, and assembled. It ranges from temporary housing units and multi-apartments to retail spaces, single-family homes, and communities with private and common areas.

Blockable’s structural building pattern removes many drawbacks that hamper traditional housing development, including extended construction time, high material demands and labour costs.

According to Blokable CEOs Nelson del Rio and Aaron Holm, Blokable is raising connected housing units at scale. The company offers a vertically integrated development platform—from design, planning, financing, and permitting, to almost-complete manufacturing, delivery, on-site construction, and ongoing operational support.

“At Blokable, we build housing that solves a myriad of economic, cultural and environmental issues, while creating comfortable, inspiring places that people can call home” – Nelson

Blokable’s Seed Funding
The Seattle-based housing developer recently announced its close of a $23m Series A financing round.
The round was led by Vulcan Capital with participation from Building Ventures, Kapor Capital, Jason Calacanis’ LAUNCH, Marc Benioff, Ten Eighty Capital, Motley Fool Ventures, and angel investor Dennis Joyce. YB Choi joined Blokable’s board of directors in conjunction with the funding.

The company is currently growing its product development team and adding a second manufacturing facility in the Sacramento area. However, it intends to use the funds for product development and manufacturing expansion for its West Coast project pipeline.

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We are the same, we may only be different in our experiences, values and exposures. Technology is a big part of my experience, learning is one of my values and writing my credible means of exposure.
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