Modern Mill

About the offering

Modern Mill is an innovative US-based manufacturer of sustainable building materials made from upcycled rice hulls, generating over $19M in 2023 revenue, has established national distribution, and has secured $84M in funding to expand its impact. Traction: Modern Mill has achieved $19M in 2023 revenue, $84M raised, national distribution, collaborations with Fortune 500 brands, and has been featured in Forbes, Fast Company, This Old House, and more. $500B+ TSM across various verticals: Siding, Cladding, & Column Wraps: $24B, Decking & Porches $13B, Trim: $20B, Outdoors: $53B, Shutters & Fencing: $13B, Millwork: $35B, Indoors: $300B, and Event Marketing: $52B. Innovative Wood Alternative: Our patented and eco-friendly wood alternative is 100% tree-free, meeting consumer demand for US made products and greener building solutions. THE PITCH Building a Sustainable Future Modern Mill aims to transform the building materials industry with innovative, durable, and sustainable building solutions. Modern Mill's patented and eco-friendly wood alternative is 100% tree-free and boasts superior aesthetics and addresses several crucial market needs, including: Fluctuating lumber prices and availability, Desire for US-based manufacturing and made in the USA products, Increased consumer demand for sustainable and greener building materials Modern Mill offers a compelling alternative to traditional wood and composites, providing exceptional durability, workability, and beauty while minimizing environmental impact. But our commitment to sustainability extends beyond the product itself. We operate a state-of-the-art manufacturing facility in Fernwood, Mississippi, where we employ local talent and contribute to the regional economy. Since our inception, we have focused on establishing robust manufacturing processes and expanding capacity to meet growing demand which has allowed us to achieve $19+ million in 2023 revenue, solidifying our position in the market and demonstrating strong product-market fit, raising over $84 million in debt and equity funding, and with numerous satisfied repeat buyers. With existing funding, established sales and national distribution in place, Modern Mill believes they’re ready to provide sustainable building solutions across America and establish a lasting positive impact on the environment and the industry as a whole. We've experienced a lot of buzz over our products. Here's a clip of Daymond John's passionate conversation about Modern Mill. *Testimonials in the above video may not be representative of the opinions of others and is not a guarantee of future performance or success. WHAT MAKES US DIFFERENT A Better Company Making Better Products Modern Mill has brought new life and economic prosperity to Fernwood, Mississippi, a historic mill town, and an active opportunity zone (QOZ). By establishing a state-of-the-art manufacturing facility, we've created over 100 jobs, are revitalizing the region, and aim to inspire the resurgence of US-based manufacturing and raise the standard of living for a community that needs it the most. Modern Mill products offer the convenience of composites with the warmth and workability of wood, all while minimizing environmental impact, prioritizing product aesthetics and focusing on the features builders and homeowners love. Modern Mill products are not just another composite. They’re crafted from upcycled rice hulls, diverting millions of pounds of waste from landfills. In the past, green composites had limitations - too niche, not durable, hard to work with, too expensive. Modern Mill has eliminated these pain points offering true sustainability without compromise. Modern Mill products boast the look, feel, and warmth of wood while offering superior durability and workability. Modern Mill's products are revolutionary building materials that benefit people and the planet– it’s a practical solution to helping companies, governments and homeowners meet their sustainability goals. What makes Modern Mill products unique? Eco-friendly: Made from upcycled rice hulls, diverting millions of pounds from landfills each year. Sustainable Design: Inspires biophilic design, promoting more accessible and greener building practices. Quality: Experience exceptional durability, sustainability, and beauty in every Modern Mill product. Easy to Use: Can be stained and painted without primer; installers and builders love it because it has no harmful dust, static cling, or melting, and can be used with regular woodworking materials. Endless Possibilities: Perfect for a wide range of applications, from siding to decking and beyond. Beauty You Can Feel: And can be stained to mimic rich tropical woods like teak, Ipe, walnut, and mahogany. our business Model - National Distribution Modern Mill generates revenue through a multi-tiered distribution channel: Channel Partners: Modern Mill works with two-step distributors who sell to dealers. Dealers and Lumber Yards: Dealers and lumber yards then sell to builders and homeowners. Channel Support: Modern Mill provides sales and marketing materials to our channel partners, empowering them to effectively promote our products. Ground-Level Sales: Our channel partners have a strong sales presence, driving excitement for Modern Mill products among builders and homeowners. Product Offerings Finished Products: Siding, decking, trim, sheet goods, porch flooring, and accessories. Value-Added Services: Millwork and Finishing services to enhance product offerings. Made with Modern Mill Tech: Replacing wood or inferior composites in other products. Sources: Marketing Dive, Statista, National Kitchen+Bath Association, IBISWorld, Grand View Research, The Business Research Company, Globe Newswire, Statista, Grand View Research, Verified Market Research, Globe Newswire, AECOM, Global Market Insights, Freedonia Converting the current wood market Today, 75% of our core products are sold as wood. We aim to take market share from wood and inferior composites within repair, remodel, and new construction with our value proposition: -Unmatched sustainability -A novel stainable composite -Made in the USA: steady supply, no tariffs -Safe and easy to work with. No known health risks -Brand, awards, and partnerships -Fan-Favorite: installers and builders love working with Modern Mill products The North American Deck and railing association estimates that more than 50% of decks in the U.S. need to be replaced or repaired — meaning over 30 million decks are past their useful life.(X) 35 million homes are aged stock and in their prime remodeling years (20-40 years old). WHY INVEST Build Better Together: One Tree-Free Board at a Time Modern Mill is leading the charge towards a sustainable future with our innovative building materials. Having already raised $84 million and achieved national distribution, our vision is to become a go-to choice for builders and homeowners seeking high-quality, durable, and eco-friendly solutions. We’re focused on growing and expanding across the U.S., solidifying our market share, and building a powerful brand recognized as a leader in sustainable building materials. Help us create a greener, more sustainable future—Join the movement and invest in Modern Mill today.

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