Overview

Raised to Date: Raised: $143,350

Deal Terms

Investment Momentum

Company Profile

Deal Summary

Financials

Funding History

Growth Charts

Total Commitments ($USD)

Platform

Wefunder

Start Date

10/11/2021

Close Date

04/30/2022

Min. Goal

$125,000

Max. Goal

$1,000,000

Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    

Early Bird Val. Cap

$9,000,000

Valuation Cap

$10,000,000

Discount

25%

Rolling Commitments ($USD)

Status

Funded

Reporting Date

04/30/2022

Days Remaining

Funded

% of Min. Goal

Funded

% of Max. Goal

Funded

Likelihood of Max

Funded

Avg. Daily Raise

$717

# of Investors

59

Momentum

Funded

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Brick Work

Year Founded

2018

Industry

Real Estate & Construction

Tech Sector

Proptech

Distribution Model

B2B

Margin

High

Capital Intensity

Low

Location

Los Angeles, California

Business Type

Growth

Company Website

Brick Work, with a valuation of $10 million, is raising funds on Wefunder. The company provides a comprehensive zoning GIS map for on-demand due diligence. The business also offers license maps to municipalities, Brick Work developments, and property arbitrage. Brick Work’s revenue went up by 80%, and net income went up by 125% year-over-year in 2021. John Jung founded Brick Work in April 2018. The current crowdfunding campaign has a minimum target of $125,000 and a maximum target of $1,000,000. The campaign proceeds will be used for hiring a GIS/website developer and a sales and marketing team.

Summary Profit and Loss Statement

	Most Recent Year	Prior Year
Revenue	$34,601	$19,008
COGS	$2,772	$865
Tax	$0	$0
Net Income	$-24,187	$-16,496

Summary Balance Sheet

	Most Recent Year	Prior Year
Cash	$2,875	$3,402
Accounts Receivable	$0	$0
Total Assets	$2,875	$3,402
Short-Term Debt	$0	$0
Long-Term Debt	$0	$0
Total Liabilities	$0	$0

Financials as of: 10/11/2021

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Raise History

Offering Name	Close Date	Platform	Valuation/Cap	Total Raised	Security Type	Status	Reg Type
Brick Work	04/29/2023	Wefunder	$10,000,000	$0	SAFE	Not Funded	RegCF
Brick Work	04/29/2022	Wefunder	$10,000,000	$143,350	SAFE	Funded	RegCF

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• Price per Share
• Valuation
• Revenue
• Employees

Price per Share Valuation Revenue Employees

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

Brick Work Founder John Jung Is Empowering Homeowners

The United State’s housing crisis has worsened in recent years. In 2020, 580,000 Americans were homeless, and many more are presumably accounted for. Even after vaccines have been distributed, the economic impact of COVID-19 will likely continue to inflate these numbers.

Brick Work has designed a geographic information system (GIS) map that allows users to make the most of any given property by providing due diligence. The platform can help combat housing needs by increasing available housing, and land owners can use the platform to earn income from their properties. We reached out to co-founder John Jung to hear his advice to similar founders and learn the inspiration behind the company.

Note: This interview was conducted over phone and email. It has been lightly edited for clarity and length.

Read Founder Interview