Boxabl and D.R. Horton: A Game-Changing Partnership in Housing
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The Rise of Boxabl
Boxabl is making significant headlines lately, and it appears that exciting developments are on the horizon.
Founded in 2017, Boxabl has experienced remarkable growth, accumulating hundreds of thousands of pre-orders by 2022. Their recent funding round has elevated them to unicorn status, and the momentum continues to build. Notably, tweets from Elon Musk have provided substantial exposure, but now they have a major ally: D.R. Horton, the largest homebuilder in the United States.
Despite not facing sales challenges, Boxabl's extensive backlog of pre-orders may delay their ability to meet customer demand. This new partnership could address some of those concerns, enabling the modular housing company to "share resources" with D.R. Horton. The CEO has even stated that “Boxabl customers will live in and buy Casitas deployed by Horton.”
This partnership indicates a significant investment from D.R. Horton, which will now assist in selling and deploying Boxabl homes. Limited information about the agreement has been shared, primarily through a brief announcement on their social media platforms.
Key Components of the Partnership
The partnership encompasses several key elements:
- A substantial pilot order.
- Collaboration on product development through shared resources and feedback.
- A financial investment from D.R. Horton.
The strategic nature of this collaboration enhances validation, valuation, and fundraising efforts. It appears that D.R. Horton has likely secured a significant order of Casitas for resale, while also assisting in product refinement to meet their needs. The combination of the order, the investment, and the impressive backlog of pre-orders suggests a strong demand and acceptance within the traditional housing market. As an investor who backed Boxabl in their previous funding round, this news is particularly encouraging.
Exploring Boxabl's StartEngine Raise
If you haven't yet explored their StartEngine fundraising effort, it’s closing soon, so consider checking it out. For those interested in learning more about their fundraising and the company as a whole, be sure to watch the video below!
The Truth about the Boxabl and D.R. Horton Partnership
In this video, we dive into the reality of the partnership between Boxabl and D.R. Horton, exploring what it means for the future of modular homes.
Understanding the Impact of the Boxabl D.R. Horton Collaboration
This video covers the implications of the investment from D.R. Horton and what it signifies for Boxabl's market position and growth trajectory.
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