re|Space
Early Stage
Live Large | Pay Small Through Fractional Homeownership
Overview
Raised: $54,500
Rolling Commitments ($USD)
Status
Active
Reporting Date
05/06/2024
Days Remaining
111
% of Min. Goal
109%
% of Max. Goal
4%
Likelihood of Max
Avg. Daily Raise
$410
# of Investors
14
Momentum
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Year Founded
2022
Industry
Real Estate & Construction
Tech Sector
Proptech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
re|Space, with a valuation of $10 million, is raising funds on Wefunder. The company provides luxury housing through fractional homeownership. re|Space designs beautiful private suites in residential homes and fractionalizes the ownership to make them more affordable. The company is creating housing for the next generation and includes services like concierge service, repairs, maintenance, handyman, and more. Katrina Romatowski founded re|Space in October 2022. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.24 million. The campaign proceeds will be used for property entitlements, marketing, legal fees, property acquisition, sales and marketing, and general and administrative expenses.
Summary Profit and Loss Statement
FY 2023 | FY 2022 | |
---|---|---|
Revenue |
$12,897 |
$0 |
COGS |
$0 |
$0 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$-299,939 |
$-81,197 |
Summary Balance Sheet
FY 2023 | FY 2022 | |
---|---|---|
Cash |
$53,732 |
$2,142 |
Accounts Receivable |
$0 |
$0 |
Total Assets |
$855,617 |
$2,142 |
Short-Term Debt |
$1,347,640 |
$264,226 |
Long-Term Debt |
$0 |
$0 |
Total Liabilities |
$1,347,640 |
$264,226 |
Financials as of: 12/25/2023
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