Mastry Ventures and LENx, the venture arm of homebuilder Lennar, have invested in Vessel Technologies – a housing product development company – to accelerate its expansion into Northeast markets and nationwide. The Series A funding will enable Vessel to provide sustainable, safe and universally accessible homes for working people who are currently priced out of their communities.
Vessel’s innovative product design incorporates environmental design standards as well as materials that can fit on small sites. Furthermore, local entrepreneurs have the opportunity to franchise a Vessel location; they receive training from the company while managing day-to-day operations which contribute towards their community’s wellbeing whilst securing economic future prospects for themselves.