Pensacola Ventures
Early Stage
Overview
Raised: $754,000
Total Commitments ($USD)
Platform
Caravan Funds
Start Date
10/19/2023
Close Date
01/01/2024
Min. Goal
$600,000
Max. Goal
$1,200,000
Min. Investment
$1,000
Security Type
Equity - Preferred
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$1,000.00
Year Founded
2022
Industry
Real Estate & Construction
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Pensacola Ventures is raising funds on Caravan Funds. It is a real estate company engaged in the acquisition and renovation of properties. Pensacola Ventures has purchased a 22-unit distressed property at 3801 Mobile Highway in Pensacola, Florida, and intends to renovate it to generate rental income. The underperforming property will be converted into a gated short-term rental community and generate consistent monthly revenue. Noah Hoffman founded Pensacola Ventures in August 2022. The current crowdfunding campaign has a minimum target of $600,000 and a maximum target of $1.2 million. The campaign proceeds will be used for renovating the property, executive compensation, and capital improvements.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$21,535 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$1,995 |
$0 |
| ||
| ||
|
Net Income |
$1,988 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 10/19/2023
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Raise History
| Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Pensacola Ventures | 01/01/2024 | Caravan Funds | - | $754,000 | Equity - Preferred | Funded | RegCF |
No prior online funding rounds.
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