Tomu

Tomu

Early Stage

Building Hospitality Better

Building Hospitality Better

Overview

Raised to Date: Raised: $161,776

Total Commitments ($USD)

Platform

StartEngine

Start Date

02/26/2023

Close Date

06/29/2023

Min. Goal
$10,000
Max. Goal
$1,235,000
Min. Investment

$250

Security Type

Convertible Note

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$20,000,000

Discount

20%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

07/01/2023

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

$1,326

# of Investors

111

Momentum
Funded
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Year Founded

2020

Industry

Real Estate & Construction

Tech Sector

Proptech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

High

Location

Washington, District of Columbia

Business Type

Growth

Tomu, with a valuation of $20 million, is raising funds on StartEngine. The company is catering to the demands of the hospitality industry with its prefabricated guest units. The guest units of Tomu are based on an easily scalable modular system and provide alternative lodging to travelers. The business is innovating the modular construction business with its fast, green, and cost-effective building solutions and is suitable for all sizes and operator types. Chris Osaka founded Tomu in July 2020. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1.24 million. The campaign proceeds will be used for marketing, research and development, company employment, operations, working capital, and inventory.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-329,964

$-199,166

Summary Balance Sheet

FY 2022 FY 2021

Cash

$30,522

$12,274

Accounts Receivable

$0

$0

Total Assets

$79,366

$29,562

Short-Term Debt

$237,194

$115,132

Long-Term Debt

$171,958

$13,762

Total Liabilities

$409,152

$128,894

Financials as of: 02/26/2023
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Tomu on StartEngine 2023
Platform: StartEngine
Security Type: Convertible Note
Valuation: $20,000,000

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