Tomu, Inc. Passes $150,000 Milestone of Crowd Fundraising Round on StartEngine
The DC-Area company, with a mission to create more sustainable hospitality lodging, will close its Reg CF offering on Thursday, June 29th
WASHINGTON, DC & FREDERICK, MD – Tomu, Inc., a sustainability-focused hospitality development company, announced today that it had broken another milestone of $150,000 in investments through its campaign on the crowdfunding platform StartEngine. The Reg CF investor offering was launched in late February and will close its offering on Thursday, June 29th. The public round was launched to raise capital for its mission to make hotels and lodging rentals more environmentally sustainable and accessible to own.
Tomu designs and builds prefabricated guest rooms for use in hospitality construction using its proprietary modular building system to address emerging traveler demand for more sustainable lodging options. The company’s guest units come in both turnkey and configurable design options, allowing both independent and franchised hotel operators a way to reduce project development times and lower ongoing operating costs. Tomu was also recently named a finalist in the 2023 Hospitality Design Awards in the Sustainable Solutions category with the winner being announced on June 6th.
“Despite the challenging macroeconomic environment that has impacted fundraising across the board, we are incredibly grateful for the $150,000 in support we've received thus far," said Chris Osaka, Chief Executive Officer of Tomu, Inc. "This milestone is a testament to the belief our investors have in Tomu's vision for a more sustainable future in hospitality development.”
Tomu's Reg CF fundraising round offers the public an opportunity to invest in the company and become a part of its mission to create a better future for hospitality. The fundraising round will be conducted through the platform StartEngine allowing non-accredited investors to participate and runs concurrent with Tomu’s offering exclusively for accredited investors.
For more information on Tomu, Inc. and its Reg CF fundraising round, please visit startengine.com/offering/tomu.
About Tomu
TOMU, INC., founded in 2020, is a sustainability-focused hospitality development company. Tomu designs and builds prefabricated lodging units using its proprietary modular building system to address emerging traveler preferences in the hospitality industry. Its mission is to create a more sustainable future for hospitality using innovations in modular building to make hotels and rentals more efficient to construct, less wasteful to operate, and more accessible to own. For more information on Tomu and its leadership, visit tomuhaus.com/about.