Tribe Pilot

Tribe Pilot

Closed: Apr. 2021

About this raise

Tribe Pilot, a mobile companion to organize and plan outdoor adventures, is raising funds on Wefunder. It is a social tool built specifically to discover, organize, and execute outdoor adventures using simple tools. The tools included in Tribe Pilot are Trip Builder, Crew Recruiter, Route Picker, and Gear Organizer. The platform also has the ability to remember all your adventures. Tribe Pilot was founded by Matt Smith in 2017 and has raised over $300,000 since its founding. The current crowdfunding campaign has a minimum goal of $50,000 and a maximum goal of $107,000, and the funds will be used for paid marketing spend and operations for scaling. Tribe Pilot is focused on the triple bottom line and is expected to scale profitably in 2020.

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Investment Overview

Invested this round: $54,150

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
04/30/2020
Close Date
04/02/2021
Min. Goal
$50,000
Max Goal
$107,000
Min. Investment

$100

Security Type

Debt

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

2.00X

Company & Team

Company

Year Founded
2017
Industry
Travel and Hospitality
Tech Sector
MarketplaceTech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Location
Bend, Oregon
Business Type
Life Style
Company Website
Visit Website

Team

Employees
4
Prior Founder Exits?
No
Founder Name
Mathew Smith
Title
CEO

Financials

 Revenue
$71
 Monthly Burn
$6,686
 Runway
1.9 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$71

$0

COGS

$3,616

$0

Tax

$200

$100

 

 

Net Income

$-80,228

$-78,865

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$12,964

$12,418

Accounts Receivable

$0

$2,182

Total Assets

$112,601

$24,684

Short-Term Debt

$2,182

$0

Long-Term Debt

$0

$0

Total Liabilities

$2,182

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/02/2021 Wefunder - $54,150 Debt Funded RegCF
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Tribe Pilot on Wefunder
Platform: Wefunder
Security Type: Debt

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Warning: according to the close date for this deal, Tribe Pilot may no longer be accepting investments.

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