VictoryBase
Early Stage
Not rent. Not a mortgage. A new way to live.
Overview
Raised: $111,785
Total Commitments ($USD)
Platform
Wefunder
Start Date
08/23/2023
Close Date
04/30/2025
Min. Goal
$50,000
Max. Goal
$5,000,000
Min. Investment
$100
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$10.00
Rolling Commitments ($USD)
Status
Active
Reporting Date
05/07/2024
Days Remaining
357
% of Min. Goal
224%
% of Max. Goal
2%
Likelihood of Max
Avg. Daily Raise
$433
# of Investors
42
Momentum
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2023
Industry
Real Estate & Construction
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
High
VictoryBase is raising funds on Wefunder. The company is developing a revolutionary approach to the real estate world by empowering the residents with equity ownership. VictoryBase enables residents of their community to invest through monthly payments and build equity investments without a mortgage commitment. The business is led by an experienced team and has $23.2 million of high-quality residential real estate assets under management. Thomas Paquin founded VictoryBase in August 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $5 million. The campaign proceeds will be used for purchasing units of VictoryBase holdings and working capital.
Summary Profit and Loss Statement
| FY 2023 | FY 2022 | |
|---|---|---|
|
Revenue |
$1,441 |
$739,115 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-45,773 |
$-3,707 |
Summary Balance Sheet
| FY 2023 | FY 2022 | |
|---|---|---|
|
Cash |
$13,177 |
$125,569 |
|
Accounts Receivable |
$446 |
$0 |
|
Total Assets |
$460,098 |
$389,065 |
|
Short-Term Debt |
$714,410 |
$559,004 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$714,410 |
$559,004 |
Financials as of: 08/23/2023
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$25 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Already a member? Log in here.
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.