indieDwell Declares $5.75 Million in Series A Financing

Modular manufacturer of affordable housing, indieDwell, announced it secured $5.75 million in Series A financing.

According to PR Newswire, the round was co-led by HMS Development, which seeks innovative projects to expand the value of their neighboring communities and build generational wealth, and Bastogne Development Partners, a development and advisory firm specializing in real estate projects that deliver social impact.

indieDwell, a Certified B Corporation, was founded in 2018 to help address the housing crisis by providing affordable, healthy, durable, energy efficient and sustainable dwellings. The company partners with local communities to open factories that pay a living wage, offers competitive benefits and on the job training, to ensure those employed by the factories can build wealth while also building affordable housing for those in need.

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