Le Grand Bleu

Le Grand Bleu

Closed: May. 2024

About this raise

Le Grand Bleu is raising funds on Silicon Prairie Online. It is a resort in Madagascar that has been operational for more than 20 years. The resort offers a world-class nature immersion experience in the natural landscape of Nosy Be and generated $391,000 in revenue in 2018-19 but closed down during COVID-19. Le Grand Bleu reopened in May 2022 and expects to generate $404,000 for the twelve months ending May 2023. Yann Beaudoin founded Le Grand Bleu in December 2022. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $2.4 million. The campaign proceeds will be used for site purchase and design, site preparation, construction, and marketing.

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Investment Overview

Invested this round: $276,500

Deal Terms

Total Commitments ($USD)

Platform
Silicon Prairie Online
Start Date
03/10/2023
Close Date
05/03/2024
Min. Goal
$100,000
Max Goal
$2,400,000
Min. Investment

$500

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$50.00

Company & Team

Company

Year Founded
2022
Industry
Real Estate & Construction
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Location
St. Louis Park, Minnesota
Business Type
Life Style
Company Website
Visit Website

Team

Employees
8
Prior Founder Exits?
No
Founder Name
Yann Beaudoin

Financials

as of Fiscal Year 2022
 Revenue
$0
 Cash on Hand
$200

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

FY 2022 FY 2021

Cash

$200

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
05/03/2024 Silicon Prairie Online - $276,500 Equity - Common Funded RegCF
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Add to portfolio
Le Grand Bleu on Silicon Prairie Online 2023
Platform: Silicon Prairie Online
Security Type: Equity - Common
Price per Share: $50.00

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Warning: according to the close date for this deal, Le Grand Bleu may no longer be accepting investments.

Le Grand Bleu Deal Report

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