Geoship SPC
Geoship aims to transform the housing industry by "building the future of home. The company designs and produces bioceramic architecture and ceramic cement materials. It aims to create living environments that "resonate with nature and catalyze the evolution of consciousness." Geoship offers regenerative architecture solutions at affordable costs and aims to "reconnect human communities with the natural world." Geoship is currently seeking up to $1.07 million using Reg CF on StartEngine. The company is offering common shares at a pre-money valuation of $9 million. The Offering Memorandum is available here. As of today, Geoship has raised just over $400,000 from 600 investors. Crowdfund Insider: What is Geoship? Morgan Bierschenk: "Geoship is a regenerative home and village building platform. We aim to design and produce affordable, regenerative, resilient, healthy homes and neighborhoods. Our goal is to reconnect human communities and the natural world. Our social purpose is to create tools for healthy living in harmony with nature. We are introducing the bioceramic geodesic dome to the world. Our technology merges the work of notable inventors - the Geodesic Geometry of celebrated American architect, systems theorist, author of over 30 books, designer, inventor, and futurist Buckminster Fuller and the Ceramic Crystal Chemistry of the legendary professor of material science Rustum Roy." Crowdfund Insider: Why equity crowdfunding? How does this play into Geoship being a Social Purpose Corporation, a Multi-Stakeholder Cooperative, and a purpose-driven trust? Morgan Bierschenk: "We love equity crowdfunding because it provides equal opportunity to access early-stage company investments, and directly addresses the problem of wealth inequality in society. The perks on our equity crowdfund at https://www.startengine.com/geoship include early access, dome discounts, and the chance to win a free bio-ceramic dome. New companies are the biggest wealth generators on the planet. We're going to distribute that wealth through a profit-for-all cooperative model. Developing a new technology market takes time. We built our first full-size engineering prototype in 2015. It's what the auto industry would call a 'development mule' to test various aspects of the product. Rather than compromising our social purpose to generate traditional VC funding, we bootstrapped. We are organized as a social purpose corporation (SPC), a type of for-profit entity, a corporation, in some U.S. states, including our California home, that enables (but does not require) us to make decisions that benefit not only investors but also people and the planet. We believe you should own the businesses you buy from, just for being a customer, and nature should have ownership just for supplying the raw materials. Thus Geoship is operating as a Multi-Stakeholder Cooperative, with plans to distribute ownership benefits to people and planet stakeholders (while protecting investor interests), and a purpose-driven trust will be established. We like to call this a Profit-For-All Cooperative model, which 1) addresses the externalities of resource extraction, like pollution and climate change 2) serves as a strategic advantage in sales 3) creates a barrier to entry for competitors 4) is a fundamental way we operate integrally with our purpose." Crowdfund Insider: How will your model compete against entrenched players in architecture, home development, and building materials? Morgan Bierschenk: "Our model is a departure from entrenched models of architecture, development, and building materials. We are a vertically integrated home building company. Since our product is modular, the architecture is largely completed in a factory and tailored for each individual customer or development group.
About Geoship SPC
Founded
2014Estimated Revenue
$1M-$10MEmployees
11-50Funding / Mkt. Cap
$2MCategory
Sector
MaterialsIndustry Group
Construction MaterialsIndustry
Building MaterialsSIC Code
32NAICs Code
327999Location
City
LangleyState
WashingtonCountry
United StatesGeoship SPC
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