Pensacola Ventures
Early Stage
Overview
Raised: $250,000
Total Commitments ($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
$1,000.00
Rolling Commitments ($USD)
Status
Active
Reporting Date
12/02/2023
Days Remaining
30
% of Min. Goal
42%
% of Max. Goal
21%
Likelihood of Max
Avg. Daily Raise
$5,682
Momentum
Create a free account today to gain access to KingsCrowd analytics.
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
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$25 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Already a member? Log in here.
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.