ReCapturit

Early Stage

Online marketplace exclusively for reclaimed and salvaged building materials.

Overview

Raised to Date: Raised: $54,201

Total Commitments ($USD)

Platform

Wefunder

Start Date

02/07/2023

Close Date

04/30/2023

Min. Goal

$50,000

Max. Goal

$300,000

Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$8,300,000

Valuation Cap

$8,300,000

Discount

20%

Rolling Commitments ($USD)

Status

Active

Reporting Date

03/23/2023

Days Remaining

38

% of Min. Goal

108%

% of Max. Goal

18%

Likelihood of Max
unlikely
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

Location

Seattle, Washington

Business Type

Growth

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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ReCapturit on Wefunder 2023
Platform: Wefunder
Security Type: SAFE
Valuation: $8,300,000

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