The Marketplace

Early Stage

World-Class Design Destination

Analytics

Raised to Date: Raised: $7,000

Aggregate Commitments $

Platform

Silicon Prairie Online

Start Date

08/10/2022

Close Date

12/07/2022

Min. Goal

$30,000

Max. Goal

$150,000

Min. Investment

$1,000

Security Type

Debt

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

Uncapped

Discount Rate

0%

Rolling Commitments $

Status

Active

Reporting Date

10/02/2022

Days Remaining

66

% of Min. Goal

23%

% of Max. Goal

5%

Likelihood of Max
unlikely
Avg. Daily Raise

$132

# of Investors

3

Momentum
cold.svg
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Location

Austin, Texas

Industry

Consumer Products, Goods & Services

Tech Sector

Retailtech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

Business Type

Life Style

The Marketplace is raising funds on Silicon Prairie Online. The aim of the business is to support the design/build industry and make Austin, Texas, a world-class design destination. The Marketplace will function as a wholesale shopping destination with products including furniture, rugs, upholstery, flooring, and accessories from local, national, and global brands. It will also work as the brand marketing system and an industry hub. The Marketplace already has ten vendor partners who have reserved their space and paid deposits. Anita Erickson founded The Marketplace in January 2021. The current crowdfunding campaign has a minimum target of $30,000 and a maximum target of $150,000. The campaign proceeds will be used for the completion of the buildout and payment on an existing business line of credit.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-29,835

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$70,332

$0

Accounts Receivable

$0

$0

Total Assets

$70,332

$0

Short-Term Debt

$53,166

$0

Long-Term Debt

$0

$0

Total Liabilities

$53,166

$0

Financials as of: 08/10/2022
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The Marketplace on Silicon Prairie Online 2022
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Platform: Silicon Prairie Online
Security Type: Debt

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