Temple I

Early Stage

Invest in a smart-tech student housing development next to Temple University

Analytics

Raised to Date: Raised: $301,793

Aggregate Commitments $

Platform

Wefunder

Start Date

11/04/2022

Close Date

04/30/2023

Min. Goal

$50,000

Max. Goal

$250,000

Min. Investment

$100

Security Type

Equity - Common

Funding Type

RegCF

Series

Seed

Price Per Share

$1.00

Pre-Money Valuation

$1,177,750

Rolling Commitments $

Status

Active

Reporting Date

11/28/2022

Days Remaining

153

% of Min. Goal

604%

% of Max. Goal

121%

Likelihood of Max
exceeded
Avg. Daily Raise

$12,575

# of Investors

593

Momentum
warm.svg
Create a free account today to gain access to KingsCrowd analytics.
Location

New York, New York

Industry

Real Estate & Construction

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

High

Capital Intensity

High

Business Type

Life Style

Temple I, with a valuation of $1.18 million, is raising funds on Wefunder. It is a student housing development and coliving incubator for Temple U entrepreneurs. The development covers 10,000 square foot, 17-bedrooms units directly across Temple University. Temple I has 100% occupancy with four master leases and has reported a 150% valuation increase since 2020. Philip Michael and Martin Braithwaite of NYCE founded Temple I in June 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The campaign proceeds will be used for capital reserves, legal and admin expenses, and marketing properties.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$31,689

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-17,757

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$53,559

$14,961

Accounts Receivable

$0

$0

Total Assets

$1,745,819

$1,539,901

Short-Term Debt

$0

$1,176,325

Long-Term Debt

$1,400,000

$0

Total Liabilities

$1,400,000

$1,176,325

Financials as of: 11/04/2022
Create a free account today to gain access to KingsCrowd analytics.

Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Temple I 04/30/2023 Wefunder $1,177,750 $301,793 Equity - Common Active RegCF
Temple I 11/24/2020 Republic - $360,000 Convertible Note Funded RegCF
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$12.42 /month
billed annually
Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings (excluding risk)
Advanced company search ( with ratings)
Markets page filters and historical industry data
Get Edge Annual

Edge Pro

$41.58 /month
billed annually
Full site access including KingsCrowd's qualitative analyst reports.
Plan Includes:
Everything in Edge, plus
Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
Search and filter based on Analyst Reports
In-depth risk ratings for every raise
Get Edge Pro Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Create your first portfolio

Create your very own investment portfolio on KingsCrowd.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Temple I on Wefunder 2022
$
Platform: Wefunder
Security Type: Equity - Common
Valuation: $1,177,750
Invest in a different round for this company? Use my investment date to determine which raise I invested in.

Follow company

Follow Temple I on Wefunder 2022
View on Wefunder
Bullish / Bearish
You're Bullish on Temple I on Wefunder 2022

Thank you for your vote on Temple I on Wefunder 2022

Bullish / Bearish
You're Bearish on Temple I on Wefunder 2022

Thank you for your vote on Temple I on Wefunder 2022