Igloo Mountain Lodge
Early Stage
Sustainable lodging in the heart of the Washington Cascade mountains
Overview
Raised: $0
Total Commitments ($USD)
Platform
Wefunder
Start Date
04/08/2021
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
Early Bird Val. Cap
$4,750,000
Valuation Cap
$5,000,000
Discount
20%
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
08/09/2021
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
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: 04/08/2021
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