ReCapturit

Early Stage
Online marketplace exclusively for reclaimed and salvaged building materials.
Overview
Raised: $54,201
Rolling Commitments ($USD)
Status
Active
Reporting Date
03/23/2023
Days Remaining
38
% of Min. Goal
108%
% of Max. Goal
18%
Likelihood of Max
Avg. Daily Raise
$1,232
# of Investors
24
Momentum
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Year Founded
2017
Industry
Consumer Products, Goods & Services
Tech Sector
MarketplaceTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
ReCapturit, with a valuation of $8.3 million, is raising funds on Wefunder. The company has developed an online marketplace for salvaged and reclaimed building materials. The platform connects scattered sellers and eager buyers of architectural salvage and recaptured building materials and enables them to buy and sell products conveniently. ReCapturit is led by an experienced team and generates revenue from commissions, subscription fees, and referral payments. Lawrence M. LaMotte founded ReCapturit in April 2017. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $300,000. The campaign proceeds will be used for marketing digital spending, IT contractors, website operations, and technology.
Summary Profit and Loss Statement
Most Recent Year | Prior Year | |
---|---|---|
Revenue |
$385 |
$0 |
COGS |
$2,090 |
$2,825 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$-69,514 |
$-38,763 |
Summary Balance Sheet
Most Recent Year | Prior Year | |
---|---|---|
Cash |
$9,392 |
$2,909 |
Accounts Receivable |
$0 |
$0 |
Total Assets |
$9,447 |
$2,909 |
Short-Term Debt |
$65,883 |
$63,625 |
Long-Term Debt |
$0 |
$0 |
Total Liabilities |
$65,883 |
$63,625 |
Financials as of: 02/07/2023
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