Live BFF

Live BFF

Growth Stage

Driving down the cost of home ownership through our automated and robotic home building process

Driving down the cost of home ownership through our automated and robotic home building process

Overview

Raised to Date: Raised: $43,850

Total Commitments ($USD)

Platform

Wefunder

Start Date

12/19/2023

Close Date

04/26/2024

Min. Goal
$50,000
Max. Goal
$1,235,000
Min. Investment

$100

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$45,000,000

Valuation Cap

$50,000,000

Discount

10%

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

04/26/2024

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

$343

# of Investors

52

Momentum
Not Funded
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Year Founded

2023

Industry

Real Estate & Construction

Tech Sector

Proptech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Location

Las Cruces, New Mexico

Business Type

Growth

Live BFF, with a valuation of $50 million, is raising funds on Wefunder. The company uses an automated and robotic home-building process to drive down the cost of home ownership. Live BFF makes houses on an assembly line and delivers them to the desired location, providing affordable and sustainable access to homes for everybody. The company has begun the construction of the first studio home prototype and is working on the development of other homes. Justin Armendariz founded Live BFF in July 2023. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.24 million. The campaign proceeds will be used for marketing, hiring, product development, purchasing land, and building a Live BFF residential development.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-177,225

$0

Summary Balance Sheet

FY 2022 FY 2021

Cash

$20,663

$0

Accounts Receivable

$0

$0

Total Assets

$27,327

$0

Short-Term Debt

$204,552

$0

Long-Term Debt

$0

$0

Total Liabilities

$204,552

$0

Financials as of: 12/19/2023
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Live BFF on Wefunder 2023
Platform: Wefunder
Security Type: SAFE
Valuation: $50,000,000

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Follow Live BFF on Wefunder 2023

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Warning: according to the close date for this deal, Live BFF may no longer be accepting investments.

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