Evoke Gallery

Evoke Gallery

[Closed for Investment] Evoke Chi is raising funds on Honeycomb. It is an art gallery and production studio in Chicago, Illinois, dedicated to emerging and mid-career artists. Evoke Chi promotes creativity in a non-traditional and cutting-edge way and fosters ongoing collaboration with its diverse network of artists. The gallery works on an innovative model and focuses on showcasing and supporting artists of marginalized identities to diversify the art market and address systematic inequalities. Kiana Parsons and Fabian Sotelo founded Evoke Chi in September 2023. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $40,000. The campaign proceeds will be used for renovations, equipment, cashroll, and marketing.

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Investment Overview

Raised this Round: Raised: $25,511

Deal Terms

Total Commitments ($USD)

Platform
Honeycomb
Start Date
07/17/2024
Close Date
08/29/2024
Min. Goal
$25,000
Max. Goal
$40,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

13.00%

Term Length

3.0 years

Company & Team

Company

Year Founded
2023
Industry
Media, Entertainment & Publishing
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Location
Chicago, Illinois
Business Type
Life Style
Company Website
Visit Website

Team

Employees
4
Prior Founder Exits?
No
Founder Name
Kiana Parsons
Title
Owner
Founder Name
Fabian Sotelo
Title
COO

Financials

 Revenue
$0
 Cash on Hand
$0

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$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

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
08/29/2024 Honeycomb - $25,511 Debt Not Funded RegCF
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Add to portfolio
Evoke Chi on Honeycomb 2024
Platform: Honeycomb
Security Type: Debt

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