ReMaterials

ReMaterials solves the roofing problem for a billion people worldwide through modular, eco-friendly and micro-financed roofing solution.

  • Stage Full Product Ready
  • Industry Construction
  • Location Los Angeles, CA, US
  • Currency USD
  • Founded January 2014
  • Employees 65
  • Incorporation Type C-corp
  • Website modroof.in

Company Summary

A billion people in the world live under hot, leaky, broken and toxic roofs. ReMaterials is the only company in the world changing this.
We have sold 300 high quality, modular roofs to families in slums and villages totaling to 75,000 square feet
And raised $2.5M from mission aligned investors like Habitat for Humanity, Dr. C.K. Prahalad's family, a Stanford professor and others.

Team

  • Hasit Ganatra is a serial entrepreneur. He has worked with three start-ups:
    - Duron Energy: a solar home lighting company for rural areas, funded by Idealab. The company reached monthly sales of 2500+ units and a team of 80+ in India.
    - S-Commute: electric vehicles venture
    - Worldhaus: another Idealab company focused on low cost, modular housing.

  • Product Development Engineer

    Leading product development at ReMaterials since early days. Lowered cost by 3x.

Previous Investors

  • Deepa Prahalad
    Unconfirmed
    Habitat for Humanity
    Unconfirmed
    Arpit Vyas
    Unconfirmed

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