re|Space

re|Space

Early Stage

Live Large | Pay Small Through Fractional Homeownership

Live Large | Pay Small Through Fractional Homeownership

Overview

Raised to Date: Raised: $54,500

Total Commitments ($USD)

Platform

Wefunder

Start Date

12/25/2023

Close Date

08/26/2024

Min. Goal
$50,000
Max. Goal
$1,235,000
Min. Investment

$500

Security Type

Convertible Note

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$10,000,000

Discount

15%

Rolling Commitments ($USD)

Status

Active

Reporting Date

05/06/2024

Days Remaining

111

% of Min. Goal

109%

% of Max. Goal

4%

Likelihood of Max
unlikely
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

Location

Seattle, Washington

Business Type

Growth

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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re|Space on Wefunder 2023
Platform: Wefunder
Security Type: Convertible Note
Valuation: $10,000,000

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