HotelierCo
Early Stage
Hotel ownership made easy
Overview
Raised: $0
Total Commitments ($USD)
Platform
Wefunder
Start Date
08/07/2023
Close Date
04/29/2024
Min. Goal
$75,000
Max. Goal
$2,250,000
Min. Investment
$100
Security Type
Equity - Common
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$2.00
Early Bird Valuation
$5,637,485
Pre-Money Valuation
$7,834,396
Rolling Commitments ($USD)
Status
Active
Reporting Date
09/26/2023
Days Remaining
216
% of Min. Goal
0%
% of Max. Goal
0%
Likelihood of Max
Avg. Daily Raise
$0
Momentum
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Year Founded
2020
Industry
Travel and Hospitality
Tech Sector
Proptech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
HotelierCo, with a valuation of $7.8 million, is raising funds on Wefunder. It is the first crowdsourced hotel fund management company. It finds hotel deals and uses equity crowdfunding to invest in tourism locations, and receives fees for fund management and asset management. HotelierCo has two lifestyle hotels under development and is on track to reach $87,500 in revenue in 2023. Nathan Kivi founded HotelierCo in September 2020. The current crowdfunding campaign has a minimum target of $75,000 and a maximum target of $2.25 million. The campaign proceeds will be used for marketing, staffing, administrative expenses, and direct investments in hotels.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$85,300 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$3,847 |
$-15,844 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$37,756 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$296,886 |
$57,500 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 08/07/2023
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Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| HotelierCo | 04/29/2024 | Wefunder | $7,834,396 | $0 | Equity - Common | Active | RegCF |
| HotelierCo | 04/30/2023 | Wefunder | $4,204,752 | $76,850 | Equity - Common | Funded | RegCF |
| HotelierCo | 12/30/2022 | Wefunder | $3,154,237 | $155,501 | Equity - Preferred | Funded | RegCF |
| Hotelier | 04/02/2022 | Wefunder | $12,500,000 | $107,966 | Equity - Common | Funded | RegCF |
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