Draper Startup House- Austin

Draper Startup House- Austin

Early Stage

A coliving community for entrepreneurs in the heart of Austin

Overview

Raised to Date: Raised: $170,625

Total Commitments ($USD)

Platform

Republic

Start Date

10/29/2020

Close Date

12/31/2020

Min. Goal
$39,000
Max. Goal
$170,625
Min. Investment

$195

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$19.50

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

01/02/2021

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$2,752

# of Investors

297

Momentum
Not Funded
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Year Founded

2019

Industry

Real Estate & Construction

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Location

New York, New York

Business Type

Life Style

Draper Startup House- Austin, a colliding community in the heart of Austin, is raising funds on Republic. It provides a unique co-living experience to entrepreneurs in the 5-bedroom 4-bathroom house. The property also has custom lighting, hand-painted tiles, a screened porch, a backyard, and a lap pool. The property will be acquired by Compound Projects and net leased to Draper Startup House for three years. The proceeds of the current crowdfunding campaign, with a minimum goal of $39,000 and a maximum goal of $170,625, will be used for the acquisition of the property. Draper Startup House- Austin is disrupting the hospitality model and creating value by building a large business ecosystem.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$65,587

$0

Short-Term Debt

$65,587

$0

Long-Term Debt

$0

$0

Total Liabilities

$65,587

$0

Financials as of: 10/29/2020
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
44 East 09/29/2021 Republic $645,000 $375,694 Equity - Common Not Funded RegCF
Flatiron- Miami 06/25/2021 Republic $532,000 $212,800 SAFE Funded RegA+
Illume- Nashville 06/24/2021 Republic $463,000 $106,490 SAFE Funded RegA+
Draper Startup House- Austin 12/30/2020 Republic - $170,625 Equity - Common Not Funded RegCF
44 East- Austin 08/25/2020 Republic $463,000 $193,500 Equity - Common Not Funded RegCF
Flatiron- Miami 08/17/2020 Republic - $300,000 Equity - Common Funded RegCF
Illume- Nashville 08/17/2020 Republic - $324,100 Equity - Common Funded RegCF
Compound: Reach 03/09/2020 Republic $495,000 $97,270 Equity - Common Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Draper Startup House- Austin on Republic
Platform: Republic
Security Type: Equity - Common
Price per Share: $19.50

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