About this raise
Farr Hotels and Resorts is an environmentally conscious hotel and resort startup that aims to transform economy hotels into four-star luxury eco-friendly hotels and resorts. By improving the management, software, and marketing, while implementing eco-friendly infrastructures, Farr Hotels believes they can create hotels that are both green and profitable, and reduce the hotel’s carbon footprint within three months of acquisition. So far, they have streamlined the process of evaluating potential hospitality properties; they source their own projects to reduce costs; and they have 25 years of expertise in managing properties and implementing these types of improvements.
Investment Overview
Not Funded: $2,925
Deal Terms
Company & Team
Company
- Year Founded
- 2018
- Industry
- Travel and Hospitality
- Tech Sector
- Location
- Lancaster, Texas
- Company Website
-
Visit Website
Team
- Employees
- 2
Financials
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Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
12/12/2018 | StartEngine | $3,100,000 | $2,925 | Equity - Common | Not Funded | RegCF |
08/23/2018 | StartEngine | $3,000,000 | $900 | Equity - Common | Not Funded | RegCF |
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.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.