Back Porch Homes

Tiny Homes on Wheels

Company Information

Website:

https://backporchhomes.lpages.co/back-porch-homes-companion-introduction/

Sector:

Housing

Location:

Riverside, CA

Back Porch Homes is aiming to solve the U.S. housing shortage.

The company designs and sells what it calls “tiny homes on wheels.” These 255-square-foot homes feature standard-size appliances (rather than the mini appliances found in RVs) and ample storage space. Each home sells for $50,000.

The homes are designed for the following demographics:

• Elderly single residents.

• Disabled relatives.

• Recent college graduates.

• Young professionals.

• And homeless veterans.

Back Porch has received more than $4.3 million worth of pre-orders for its homes, and has raised $577,000 from investors. Its team has a combined 30 years of experience in the real estate industry.

Team Background

Stephen McKee - Co-Founder
Todd Bayer - Co-Founder
Raising
$1.07 million
Committed
$99K (9%)
Current Valuation
$10 million Cap / 0% Discount
Min. Investment
$100
Deal Type
Title III
(For all investors)
Offering Type
SAFE
Finance History
  • $350K
    2018-12-01
    Unknown
    (Seed)
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