Igloo Mountain Lodge

Early Stage

Sustainable lodging in the heart of the Washington Cascade mountains

Overview

Raised to Date: Raised: $0

Total Commitments ($USD)

Platform

Wefunder

Start Date

04/09/2021

Close Date

08/10/2021

Min. Goal
$250,000
Max. Goal
$1,070,000
Min. Investment

$100

Security Type

Convertible Note

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$4,750,000

Valuation Cap

$5,000,000

Discount

20%

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

08/10/2021

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$0

Momentum
Not Funded
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Year Founded

2020

Industry

Travel and Hospitality

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Location

Edmonds, Washington

Business Type

Life Style

Igloo Mountain Lodge, with a valuation cap of $5 million, is raising funds on Wefunder. The company offers sustainable lodging solutions in the heart of the Washington Cascade mountains. The monolithic domes of Igloo Mountain Lodge are designed and equipped for short-term rentals, with all the amenities of a modern rental home. Youri Benoiston founded Igloo Mountain Lodge in June 2020. The current crowdfunding campaign has a minimum target of $250,000 and a maximum target of $1,070,000, and the funds will be used to build more Igloos with power, water, internet, septic, and road access. Igloo Mountain Lodge caters to a beautiful and unserved location in WA and will be able to break ground with minimal funding and low risk of stalling out.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-1,350

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$16,000

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 04/09/2021
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Igloo Mountain Lodge on Wefunder
Platform: Wefunder
Security Type: Convertible Note
Valuation: $5,000,000

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