Paul Allen’s Vulcan backs ex-Amazon manager’s modular housing startup Blokable in $4.8M round
Investors are taking note of Blokable, a Seattle startup founded by a former Amazon manager that aims to cut costs for builders and residents alike through the construction of tech-powered manufactured housing.
According to a filing with the U.S. Securities and Exchange Commission, Blokable has raised about $4.8 million out of a $5.5 million round. The document lists Jason Calacanis — prominent angel investor, one of the first investors in Uber and an entrepreneur known for the popular publishing site Weblogs that sold to AOL in 2005 — as director. Some of the company’s other investors include Paul Allen’s Vulcan Inc.; Borealis Ventures, a New Hampshire investor that focuses on the built environment; Urban Us, a venture fund for startups aiming to improve cities; and an Oakland-based firm called Kapor Capital that invests in companies addressing social needs like affordable housing.