NanoNest

About the offering

NanoNest Homes is a modular housing company raising equity capital via Regulation CF at a $1.00 share price with a $1,000 minimum investment and a pre-money implied valuation of $200 million. The company positions itself as a solution to the U.S. housing shortage, which it estimates at 4 million units, by manufacturing and deploying modular homes across three primary verticals: affordable/workforce housing, emergency and disaster shelter, and community/homeless shelter. NanoNest claims to be the only modular home manufacturer with an ICC-ES building evaluation certification, which it says reduces on-site approval bottlenecks and opens access to government and NGO projects that standard modular builders cannot enter. Homes are manufactured at a facility with a stated capacity of 500 units per month, arrive fully finished (no subcontractors required on-site), and can be deployed in 6–8 weeks. Units are engineered to withstand winds over 150 mph and seismic events of magnitude 7.0+, are fully relocatable and reusable, and include double-pane tempered windows, a 220V panel, and an R=8 seismic rating as standard features. The base unit (2-bedroom/2-bathroom) is priced at $149,000 turnkey for orders of 1–199 units, dropping to $129,000 for orders of 200+ units, with stated gross profit profiles of ~50%+ and ~40%+, respectively (management notes margins fluctuate due to shipping and customs). The company reports having delivered 375+ homes, generated $23 million in revenue during its first two years of operations (2024–2025), and secured $30 million in profitable contracts. Projected revenue is $32 million in 2026 (a claimed 113% year-over-year increase) and $52 million by 2028. The total addressable market is described as $90 billion, comprising the $43 billion U.S. temporary/disaster shelter market, $22 billion community/homeless shelter market, and $25 billion North American modular/tiny home market. Use of proceeds from the current raise is directed toward team expansion (sales and execution), contract acceleration targeting larger government and NGO projects, marketing, and the buildout of a U.S.-based finishing facility intended to streamline logistics and shorten lead times. The company notes that a time-limited bonus share program (up to 13% cumulative bonus shares) is available to investors prior to July 15. Leadership includes Founder & CEO Forrest Dell, Co-founder and VP of Installation Robert Dell, and Chief Revenue Officer Mark Miller. The offering is intermediated by DealMaker Securities LLC. Standard Regulation CF risk disclosures apply, including illiquidity, one-year lockup on shares, and the speculative nature of early-stage investment.

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