NileBuilt has filed a notice of an exempt offering of securities to raise $75,000,000.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, NileBuilt is raising up to $75,000,000.00 in new funding. Sources indicate that as part of senior management Executive, Manoj Krishan played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About NileBuilt
Were not new to the world of development, with three generations of knowledge and expertise in construction and development, we have a rich history in the industry. Our technology was first introduced to the market in the 1980s as an efficient building tech company in Iowa. Since then, we have spent the last 40+ years improving our tech and creating something that is proven to work. Prior to our shift to residential construction, we built numerous commercial developments in the Midwest region. Our experience in commercial construction has given us a unique perspective on the building process, and we have applied this knowledge to our residential projects. Knowledge of the housing crisis and lack of innovation in modern housing developments led us to Southern California.
To learn more about NileBuilt, visit http://www.nilebuilt.com/
Contact:
Scott Long, Co-Founder and CEO
https://www.linkedin.com/in/scott-long-8714218a/
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