Platform

Platform

Closed: Jun. 2022

About this raise

Platform, with a valuation of $25 million, is raising funds on Small Change. The company has developed an innovative construction technology and integrated system solution to disrupt the delivery of building platforms. The aim of Platform’s solution is to reduce the cost and increase the speed of a building’s construction. Platform handles site assessment, permitting, site preparation, and platform construction. Adrian Washington founded Platform in December 2020. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $1,000,000. The campaign proceeds will be used for growth and expansion.

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Investment Overview

Invested this round: $199,750

Deal Terms

Total Commitments

Platform
Small Change
Start Date
03/04/2022
Close Date
06/12/2022
Min. Goal
$100,000
Max Goal
$1,000,000
Min. Investment

$1,000

Security Type

Equity - Preferred

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$250.00

Pre-Money Valuation

$25,000,000

Company & Team

Company

Year Founded
2020
Industry
Real Estate & Construction
Tech Sector
Proptech
Distribution Model
B2B
Margin
Low
Capital Intensity
High
Location
Washington, District of Columbia
Business Type
Growth
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Adrian Washington
Title
CEO

Financials

 Revenue
$208,892
 Monthly Burn
$32,689
 Runway
4.7 months
 Gross Margin
10%

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$208,892

$0

COGS

$188,208

$0

Tax

$0

$0

 

 

Net Income

$-392,263

$-31

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$153,363

$19,969

Accounts Receivable

$123,631

$0

Total Assets

$487,255

$324,969

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
06/12/2022 Small Change $25,000,000 $199,750 Equity - Preferred Funded RegCF
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Add to portfolio
Platform on Small Change 2022
Platform: Small Change
Security Type: Equity - Preferred
Valuation: $25,000,000
Price per Share: $250.00

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Follow Platform on Small Change 2022

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