DIVERTsessions Pop-Up

DIVERTsessions Pop-Up

[Closed for Investment] DIVERTsessions Pop-Up, an outdoor sports and education facility, is raising crowdfunding on Wefunder. The facility is designed for safe, accessible, and affordable participation in sports and education during COVID. The program includes a skatepark, a ski hill, a wave machine, a creative education studio, a live event venue, and a food and beverage service. Zachary Adamson and David Monhait founded DIVERTsessions Pop-Up in 2019 and has raised over $400,000 since its founding. The proceeds of the current crowdfunding round, with a minimum goal of $50,000 and a maximum goal of $500,000, will be used for permitting & development, go-to-market, and staff & operations. DIVERTsessions Pop-Up combats social inequalities by making sports and education accessible to anyone and everyone.

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Investment Overview

Raised this Round: Raised: $578,990

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
09/02/2020
Close Date
07/31/2021
Min. Goal
$50,000
Max. Goal
$1,070,000
Min. Investment

$100

Security Type

Revenue Share

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.60X

Company & Team

Company

Year Founded
2019
Industry
Fitness & Wellness
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Location
Marina Del Ray, California
Business Type
Life Style
Company Website
Visit Website

Team

Employees
4
Prior Founder Exits?
No

Financials

 Revenue
$0
 Monthly Burn
$272
 Runway
0 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-3,258

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
07/31/2021 Wefunder - $578,990 Revenue Share Funded RegCF
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DIVERTsessions Pop-Up on Wefunder
Platform: Wefunder
Security Type: Revenue Share

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Warning: according to the close date for this deal, DIVERTsessions Pop-Up may no longer be accepting investments.

DIVERTsessions Pop-Up Deal Report

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