Consumer Cooperative Group

Consumer Cooperative Group

Early Stage

A cooperative corporation

Overview

Raised to Date: Raised: $121,981

Total Commitments ($USD)

Platform

truCrowd

Start Date

07/01/2021

Close Date

09/09/2022

Min. Goal
$10,000
Max. Goal
$5,000,000
Min. Investment

$100

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.01

Pre-Money Valuation

$9,389,945

Rolling Commitments ($USD)

Status
Funded
Reporting Date

12/08/2022

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

$281

# of Investors

213

Momentum
Funded
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Year Founded

2017

Industry

Real Estate & Construction

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

Austin, Texas

Business Type

Growth

Consumer Cooperative Group, with a pre-money valuation of $9.4 million, is raising funds on TruCrowd. The cooperative allows investors to invest in real estate projects as a single unit. It is a real estate investment cooperative (REIC) that allows investors to take advantage of real estate opportunities collectively, independently, and equitably. Consumer Cooperative Group is led by Tanen Andrews and was founded in 2017. The current crowdfunding round has a minimum goal of $10,000 and a maximum goal of $5,000,000. The proceeds will be used to acquire turnkey cash-flowing multi-family real estate apartment complexes. Consumer Cooperative Group is led by an experienced team and aims to remove red-tapism and other drawbacks related to real estate investing.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-105,063

$-63,940

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$4,708

$795

Accounts Receivable

$0

$0

Total Assets

$866,720

$804,392

Short-Term Debt

$60,000

$0

Long-Term Debt

$0

$0

Total Liabilities

$60,000

$0

Financials as of: 07/01/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Consumer Cooperative Group 01/14/2024 Rialto Markets $31,535,798 - Equity - Common Funded RegCF
Consumer Cooperative Group 09/08/2022 truCrowd $9,389,945 $121,981 Equity - Common Funded RegCF
Consumer Cooperative Group 06/07/2021 CrowdSource Funded $2,000,000 $2,140 Equity - Common Not Funded RegCF
Consumer Cooperative Group 12/15/2020 Buy The Block $1,070,000 $2,940 Equity - Common Not Funded RegCF / RegD 506(c)
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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

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Consumer Cooperative Group on TruCrowd 2021
Platform: truCrowd
Security Type: Equity - Common
Valuation: $9,389,945
Price per Share: $0.01

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