This company is no longer in business. Investors can get details about any potential exits or failures here.

Here

Here

Growth Stage

Earn passive income by investing in vacation rentals like stocks

Earn passive income by investing in vacation rentals like stocks

Overview

Raised to Date: Raised: $1,355,064

Total Commitments ($USD)

Platform

Wefunder

Start Date

06/07/2023

Close Date

06/30/2023

Min. Goal
$50,000
Max. Goal
$5,000,000
Min. Investment

$100

Security Type

SAFE

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$30,000,000

Valuation Cap

$30,000,000

Discount

0%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

07/01/2023

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

$61,594

# of Investors

2,655

Momentum
Funded
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Year Founded

2021

Industry

Financial & Insurance Products & Services

Tech Sector

Fintech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Location

MIAMI, Florida

Business Type

High Growth

Here, with a valuation of $30 million, is raising funds on Wefunder. The company has developed a platform for investors to invest in vacation rentals. The platform provides fractional vacation rental investing at just $1 per share and in a simple, quick, and easy manner. Here has more than 90,000 users on its waitlist with $10 million in assets under management. The company aims to launch in 25 markets by 2024. Corey Ashton Walters founded Here in February 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $5 million. The campaign proceeds will be used for labor and hiring, customer acquisition, and technology development.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$1,263,075

$22,358

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-2,311,741

$-460,917

Summary Balance Sheet

FY 2022 FY 2021

Cash

$2,294,630

$1,070,462

Accounts Receivable

$0

$0

Total Assets

$2,012,189

$1,431,021

Short-Term Debt

$0

$0

Long-Term Debt

$4,784,754

$1,891,938

Total Liabilities

$4,784,754

$1,891,938

Financials as of: 06/07/2023
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Here on Wefunder 2023
Platform: Wefunder
Security Type: SAFE
Valuation: $30,000,000

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Follow Here on Wefunder 2023

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