Erin Leonard Events (2024)

Erin Leonard Events (2024)

Closed: Mar. 2024

About this raise

Erin Leonard Events is raising funds on SMBX. The company plans retreats and conferences and creates engaging experiences for the participants. Erin Leonard Events has the technical capability and creativity to handle large-scale events, including galas, seminars, conferences, and executive retreats. The business produces in-person, virtual, and hybrid experiences and takes care of all the logistic details and participants’ engagement. Erin Leonard founded Erin Leonard Events in February 2019. The current crowdfunding campaign has a minimum target of $20,000 and a maximum target of $100,000. The campaign proceeds will be used for equipment, staffing, and marketing.

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Investment Overview

Invested this round: $34,420

Deal Terms

Total Commitments

Platform
SMBX
Start Date
01/11/2024
Close Date
03/14/2024
Min. Goal
$20,000
Max Goal
$100,000
Min. Investment

$10

Security Type

Debt

Payment Schedule

Monthly

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

10.25%

Term Length

3.0 years

Company & Team

Company

Year Founded
2019
Industry
Media, Entertainment & Publishing
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Location
Washington, District of Columbia
Business Type
Life Style
Company Website
Visit Website

Team

Employees
4
Prior Founder Exits?
No
Founder Name
Erin Leonard
Title
CEO

Financials

 Revenue -12.8% YoY
$466,359
as of FY2022
 Monthly Burn
$14,782
as of FY2022
 Cash on Hand
$36,533
as of FY2022
 Gross Margin
45%
as of FY2022

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$466,359

$534,716

COGS

$258,049

$203,375

Tax

$0

$0

 

 

Net Income

$-177,378

$120,593

Summary Balance Sheet

FY 2022 FY 2021

Cash

$36,533

$149,773

Accounts Receivable

$0

$0

Total Assets

$37,643

$165,213

Short-Term Debt

$174,717

$75,415

Long-Term Debt

$0

$0

Total Liabilities

$174,717

$75,415

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
03/14/2024 SMBX - $34,420 Debt Funded RegCF
07/08/2021 SMBX - $46,220 Debt Funded RegCF
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Growth Charts

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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Erin Leonard Events on SMBX 2024
Platform: SMBX
Security Type: Debt

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Warning: according to the close date for this deal, Erin Leonard Events may no longer be accepting investments.

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