Small Change
Power to the people. One real estate deal at a time.
Overview
Raised: $219,379
Rolling Commitments ($USD)
04/30/2023
$1,060
113
2016
Financial & Insurance Products & Services
Fintech
B2B/B2C
Low
Low
Summary Profit and Loss Statement
Most Recent Year | Prior Year | |
---|---|---|
Revenue |
$171,709 |
$55,113 |
COGS |
$0 |
$0 |
Tax |
$300 |
$300 |
| ||
| ||
Net Income |
$214,434 |
$-311,990 |
Summary Balance Sheet
Most Recent Year | Prior Year | |
---|---|---|
Cash |
$21,956 |
$4,328 |
Accounts Receivable |
$1,061 |
$0 |
Total Assets |
$53,390 |
$35,122 |
Short-Term Debt |
$268,355 |
$2,705,031 |
Long-Term Debt |
$50,000 |
$63,470 |
Total Liabilities |
$318,355 |
$2,768,501 |
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Founder Profile
Small Change Founder Eve Picker on Democratized Real Estate Investing
Women and minority founders often struggle to get the funding they need to start or grow their businesses. Historically, traditional venture capital has strongly favored founders that are white and male. Democratizing access to startup capital is one of the many reasons that online startup investing was established.
Small Change is a real estate equity crowdfunding platform that helps founders — including women and people of color — raise capital for their projects. What’s more, Small Change’s proprietary index measures the impact of each project. We reached out to founder and CEO Eve Picker to hear more about the company’s primary customer types and how it differs from competitors.
Note: This interview was conducted over phone and email. It has been lightly edited for clarity and length.