Taylor Hoffman
Growth Stage
Access to human-led investment management to build generational wealth for all
Overview
Raised: $497,300
Total Commitments ($USD)
Platform
Wefunder
Start Date
03/15/2022
Close Date
07/30/2022
Min. Goal
$100,000
Max. Goal
$5,000,000
Min. Investment
$250
Security Type
Equity - Preferred
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$250.00
Pre-Money Valuation
$25,343,750
Rolling Commitments ($USD)
Status
Funded
Reporting Date
07/30/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$3,657
# of Investors
50
Momentum
Funded
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Year Founded
2018
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Taylor Hoffman, with a valuation of $25.3 million, is raising funds on Wefunder. It is a wealth management firm with its proprietary fintech platform, Avidus, that aims to democratize investment management. The first offering of Avidus is its Avidus Premier Strategy, whose investors will receive a portfolio of 30 most remarkable companies in the United States. Taylor Hoffman is led by an experienced team and is on track to reach $2 million recurring revenue, growing at 36.7% year-over-year. Brandon Taylor and Gabe Hoffman founded Taylor Hoffman in December 2018. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $5,000,000. The campaign proceeds will be used for advertising and marketing, software and technology development, staff expansion, and operational reserves.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$1,347,153 |
$1,079,258 |
|
COGS |
$0 |
$0 |
|
Tax |
$19,815 |
$6,959 |
| ||
| ||
|
Net Income |
$-19,835 |
$-66,743 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$135,804 |
$40,520 |
|
Accounts Receivable |
$17,584 |
$0 |
|
Total Assets |
$459,871 |
$415,068 |
|
Short-Term Debt |
$210,408 |
$122,400 |
|
Long-Term Debt |
$200,890 |
$136,775 |
|
Total Liabilities |
$411,298 |
$259,175 |
Financials as of: 03/15/2022
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