The Co-Own Company

The Co-Own Company

Closed: Apr. 2021

About this raise: The Co-Own Company, with a $3 million valuation cap, is raising funds on Wefunder. The company is building shared ownership housing in the US at highly desirable urban and university locations. It offers easy and hassle-free onboarding and uses urban, high-tech, and net-zero energy design. Jason Lewiston founded The Co-Own Company in June 2020. The current crowdfunding round has a minimum raise of $200,000 and a maximum raise of $1,000,000, and the funds will be used for pre-development costs, marketing, a deposit on the land, and financing fees for the construction loan. The Co-Own Company’s network will be nationwide, scalable, and for-profit. It aims to build equity in highly desirable areas and will provide on-site, shared electric cars.

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Investment Overview

Invested this round: $254,659

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
11/30/2020
Close Date
04/30/2021
Min. Goal
$200,000
Max. Goal
$1,000,000
Min. Investment

$100

Security Type

Convertible Note

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$3,000,000

Discount

20%

Company & Team

Company

Year Founded
2020
Industry
Real Estate & Construction
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Location
Denver, Colorado
Business Type
Life Style
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Jason Lewiston
Title
President

Financials

 Revenue
$0
 Monthly Burn
$1,060
 Runway
0.2 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-12,716

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$200

$0

Accounts Receivable

$0

$0

Total Assets

$194,825

$0

Short-Term Debt

$40,000

$0

Long-Term Debt

$0

$0

Total Liabilities

$40,000

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/30/2021 Wefunder $3,000,000 $254,659 Convertible Note Funded RegCF
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The Co-Own Company on Wefunder
Platform: Wefunder
Security Type: Convertible Note
Valuation: $3,000,000

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