Alchemy Springs

Alchemy Springs

Early Stage

An urban bathhouse paying homage to history and community.

An urban bathhouse paying homage to history and community.

Overview

Raised to Date: Raised: $398,250

Total Commitments ($USD)

Platform

Small Change

Start Date

08/18/2021

Close Date

12/20/2021

Min. Goal
$250,000
Max. Goal
$1,000,000
Min. Investment

$250

Security Type

Equity - Preferred

Series

Pre-Seed

SEC Filing Type

RegCF / RegD 506(c)    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$1,000,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

12/30/2021

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$3,212

# of Investors

67

Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded

2021

Industry

Fitness & Wellness

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Location

San Francisco, California

Business Type

Life Style

Alchemy Springs is raising funds on Small Change. The company aims to restore and transform the historic Sutro Baths building in San Francisco to build a hydrothermal bathhouse and spa. The project is designed by architect Olle Lundberg and will include steam saunas, cold plunges, moon baths, and outdoor sunbaths. Alchemy Springs is close to many tourist attractions and is targeted to open in the fall of 2024. The current crowdfunding campaign has a minimum target of $250,000 and a maximum target of $1,000,000. The campaign proceeds will be used to get the project to shovel-ready status and get the plans and permits approved.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$800

$800

 

 

Net Income

$-4,401

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$19,515

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 08/18/2021
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.

Create your first portfolio

Create your own startup investment portfolio on KingsCrowd.

Track all of your startup investments in one place using our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Alchemy Springs on Small Change 2021
Platform: Small Change
Security Type: Equity - Preferred
Valuation: $1,000,000
Price per Share: $1.00

Follow company

Follow Alchemy Springs on Small Change 2021

Buy Alchemy Springs's Deal Report

Warning: according to the close date for this deal, Alchemy Springs may no longer be accepting investments.

Alchemy Springs Deal Report

Get KingsCrowd’s comprehensive report on Alchemy Springs including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Alchemy Springs is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Alchemy Springs deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge