
Plant Prefab
A prefabricated design and construction company dedicated to sustainable construction, materials, processes, and operations.
Date | Investors | Amount | Round |
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- | investor investor investor investor investor | €0.0 | round |
investor | €0.0 | round | |
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N/A | €0.0 | round | |
investor investor investor | €0.0 | round | |
investor investor investor investor investor | €0.0 | round | |
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N/A | €0.0 Valuation: €0.0 | round | |
* | N/A | $3.8m | Debt |
Total Funding | 000k |
USD | 2022 |
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Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Company filings or news article
Plant Prefab operates as a building technology company with a sharp focus on sustainability, fabricating custom, high-quality prefabricated homes. The company was established in 2016 by Steve Glenn, emerging from his previous venture, LivingHomes, a design studio founded in 2006. Glenn's journey into prefabrication was driven by a childhood passion for architecture and a professional background in technology, including roles at Walt Disney Imagineering and Apple. His experience with LivingHomes, which designed the first LEED Platinum certified home in the U.S., revealed the shortcomings of existing factories in meeting high standards for design, quality, and sustainability, directly leading to the creation of Plant Prefab to address this gap.
The company's business model is centered on its patented Plant Building System™, a hybrid approach utilizing digitally modeled, customizable "Plant Panels™" and "Plant Modules™". This system offers flexibility, allowing for panelized, modular, or a combination of both construction solutions to fit diverse project designs, from single-family homes to large-scale multifamily developments. This method allows the construction of homes 20-50% faster than traditional on-site methods by fabricating components in a controlled factory environment while site work happens in parallel. Plant Prefab serves a diverse clientele, including individual homebuyers, architects, general contractors, and developers, offering them a more efficient and reliable building process. Revenue is generated through the design, fabrication, and delivery of these housing components.
A key differentiator for Plant Prefab is its profound commitment to sustainability. It was the first prefabricated home builder to pledge to achieve net-zero emissions and has maintained carbon-neutral operations since 2020. This commitment is further solidified by its status as a Certified B Corporation, a certification that measures a company's social and environmental performance, transparency, and accountability. The company's manufacturing process drastically reduces material waste to near-zero, a significant improvement over traditional construction, which can waste up to 40% of materials. Having secured significant funding from investors like Amazon, Asahi Kasei, and Gerdau Next Ventures, Plant Prefab is expanding its operations. A major milestone is the development of a 270,000-square-foot automated factory in Tejon Ranch, California, which is poised to increase production capacity to over 800 units annually and serve the entire Western United States.
Keywords: prefabricated homes, sustainable construction, modular building, panelized construction, Steve Glenn, LivingHomes, net-zero homes, B Corporation, construction technology, architectural design, green building, housing solutions, real estate technology, LEED Platinum, custom homes, multifamily housing, urban infill, automated manufacturing, efficient construction, waste reduction