Offix

Offix

[Closed for Investment] Offix, with a pre-money valuation of $10 million, is raising funds on StartEngine. The company provides studio spaces to entrepreneurs in the cosmology, graphics, and fitness industries. The studio spaces are equipped with smart solutions, waiting lounges, kitchen facilities, and other perks to make the business owners and their clients feel comfortable. Lior David founded Offix in 2018. The proceeds of the current crowdfunding round, with a minimum goal of $10,000 and a maximum goal of $1,070,000, will be used for expansion in Chicago and across the country. Offix has already achieved a 28% monthly profit margin since July 2020, despite COVID-19.

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Investment Overview

Raised this Round: Raised: $0

Deal Terms

Total Commitments ($USD)

Platform
StartEngine
Start Date
02/04/2021
Close Date
03/31/2021
Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment

$200

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$10.00

Early Bird Valuation

$9,000,000

Pre-Money Valuation

$10,000,000

Company & Team

Company

Year Founded
2018
Industry
Real Estate & Construction
Tech Sector
Non-Tech
Distribution Model
B2B
Margin
Medium
Capital Intensity
High
Location
Chicago, Illinois
Business Type
Life Style
Company Website
Visit Website

Team

Employees
6
Prior Founder Exits?
No
Founder Name
Lior David
Title
CEO

Funding data not publicly available

Financials

 Revenue
$28,959
 Cash on Hand
$145,161

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$28,959

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$508,220

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$145,161

$0

Accounts Receivable

$0

$0

Total Assets

$849,880

$0

Short-Term Debt

$139,675

$0

Long-Term Debt

$1,217,425

$0

Total Liabilities

$1,357,100

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
03/31/2021 StartEngine $10,000,000 $0 Equity - Common Not Funded RegCF
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Add to portfolio
Offix on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $10,000,000
Price per Share: $10.00

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

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