Brightwood Design+Build

Brightwood Design+Build

Residential Remodelers

Residential Remodelers

Overview

Raised this Round: Raised: $92,480

Total Commitments ($USD)

Platform

SMBX

Start Date

11/06/2022

Close Date

01/03/2023

Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment

$10

Security Type

Debt

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

8.00%

Term Length

3.0 years

Year Founded

2018

Industry

Real Estate & Construction

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

High

Location

Washington, District of Columbia

Business Type

Growth

Brightwood Design+Build is raising funds on SMBX. It is a neighborhood builder and general contractor in Petworth, Washington, DC that makes simple, practical, and beautiful spaces for its clients. It is a full-service building company with an in-house interior designer and registered architect and aims to bring diversity and accessibility to the homeownership and renovation industry. Jasmine Niernberger and Noah Jacobs founded Brightwood Design+Build in December 2018. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for human capital development, refinancing debt, automation and process improvement, and brand development.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$433,364

$135,507

COGS

$283,317

$193,804

Tax

$0

$0

 

 

Net Income

$293

$-103,244

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$16,047

$9,089

Accounts Receivable

$19,131

$0

Total Assets

$69,315

$9,089

Short-Term Debt

$39,842

$29,633

Long-Term Debt

$0

$0

Total Liabilities

$39,842

$29,633

Financials as of: 11/06/2022
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.
Add to portfolio
Brightwood Design+Build on SMBX 2022
Platform: SMBX
Security Type: Debt

Follow company

Follow Brightwood Design+Build on SMBX 2022

Buy Brightwood Design+Build's Deal Report

Warning: according to the close date for this deal, Brightwood Design+Build may no longer be accepting investments.

Brightwood Design+Build Deal Report

Get KingsCrowd’s comprehensive report on Brightwood Design+Build including:

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

Buy the Brightwood Design+Build deal report for only $10!

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