SliceSpace

SliceSpace

Closed: Jan. 2023

About this raise

SliceSpace, with a valuation of $15 million, is raising funds on Wefunder. It is a marketplace for commercial real estate ownership. The platform allows users to buy fractional ownership of the commercial real estate and receive daily rental payments. The commercial properties may include the buildings people live in, work in, or their favorite venues. SliceSpace is committed to launching 100 properties in the first 24 months and has received a development grant for $150,000 from the Algorand Foundation. Mory Katan founded SliceSpace in May 2022. The current crowdfunding campaign has a minimum target of $50,001 and a maximum target of $1.3 million. The campaign proceeds will be used for operating costs, sales, and go-to-market with properties to be listed on the platform.

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Investment Overview

Invested this round: $164,587

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
09/26/2022
Close Date
01/27/2023
Min. Goal
$50,001
Max Goal
$1,299,998
Min. Investment

$100

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.47

Early Bird Valuation

$13,007,449

Pre-Money Valuation

$15,013,270

Company & Team

Company

Year Founded
2022
Industry
Real Estate & Construction
Tech Sector
Proptech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Location
Mt. Laurel, New Jersey
Business Type
Growth
Company Website
Visit Website

Team

Employees
8
Prior Founder Exits?
No
Founder Name
Mory Katan
Title
CEO
Founder Name
Bailey Simrell
Title
CTO

Financials

 Revenue
$0
 Monthly Burn
$21,495
 Runway
0 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-257,945

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$284,945

$0

Long-Term Debt

$0

$0

Total Liabilities

$284,945

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
Grants
$150,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
01/27/2023 Wefunder $15,013,270 $164,587 Equity - Common Funded RegCF
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Add to portfolio
SliceSpace on Wefunder 2022
Platform: Wefunder
Security Type: Equity - Common
Valuation: $15,013,270
Price per Share: $2.47

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Follow SliceSpace on Wefunder 2022

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