The Cube Cowork

The Cube Cowork

Coworking Space

Coworking Space

Overview

Raised to Date: Raised: $72,700

Total Commitments ($USD)

Platform

MainVest

Start Date

04/10/2023

Close Date

07/14/2023

Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment

$100

Security Type

Revenue Share

SEC Filing Type

RegCF    Open SEC Filing

Rolling Commitments ($USD)

Status
Funded
Reporting Date

07/30/2023

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$773

# of Investors

117

Momentum
Funded
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Year Founded

2016

Industry

Consumer Products, Goods & Services

Tech Sector

Non-Tech

Location

BALTIMORE, Maryland

The Cube Cowork is raising funds on MainVest. It is a coworking space in Baltimore, Maryland that serves as a communal space for women to collaborate and run their businesses. The coworking space functions well for working mothers as it provides onsite babysitting services, meeting rooms, business-building resources, and private office space rental. The Cube Cowork not only supports the community but also provides a form of childcare with grandparents as babysitters. Tammira Lucas founded The Cube Cowork in September 2016. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $124,000. The campaign proceeds will be used to expand into a 15,000 square feet space and manage the opening costs.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$192,211

$8,500

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$20,132

$-19,373

Summary Balance Sheet

FY 2022 FY 2021

Cash

$62,831

$31,674

Accounts Receivable

$0

$0

Total Assets

$62,831

$31,674

Short-Term Debt

$560

$13,722

Long-Term Debt

$741

$309

Total Liabilities

$1,301

$14,031

Financials as of: 04/10/2023
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The Cube Cowork on MainVest 2023
Platform: MainVest
Security Type: Revenue Share

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