Brick Work

Brick Work

Early Stage

We provide low-cost urban zoning analysis reports for due diligence on a GIS map

We provide low-cost urban zoning analysis reports for due diligence on a GIS map

Overview

Raised to Date: Raised: $0

Total Commitments ($USD)

Platform

Wefunder

Start Date

02/16/2023

Close Date

04/30/2023

Min. Goal
$50,000
Max. Goal
$475,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$10,000,000

Discount

25%

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

04/30/2023

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

$0

Momentum
Not Funded
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Year Founded

2018

Industry

Real Estate & Construction

Tech Sector

Proptech

Distribution Model

B2B/B2C

Margin

High

Capital Intensity

Low

Location

Los Angeles, California

Business Type

Growth

Brick Work, with a valuation of $10 million, is raising funds on Wefunder. The company has developed a platform that underwrites and generates what users can build on their lots, parcels, and properties. The platform is powered by AI and a customized GIS map to automate the process of prospecting and underwriting and enable users to search features, get recommendations, and find projects. Brick Work is led by an experienced team and has projected ten times revenue growth. John Jung founded Brick Work in April 2018. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $475,000. The campaign proceeds will be used for map development, website development, and sales and marketing.

Summary Profit and Loss Statement

FY 2021 FY 2020

Revenue

$60,818

$34,601

COGS

$505

$2,772

Tax

$0

$0

 

 

Net Income

$-15,364

$-24,187

Summary Balance Sheet

FY 2021 FY 2020

Cash

$1,445

$2,875

Accounts Receivable

$0

$0

Total Assets

$1,445

$2,875

Short-Term Debt

$13,933

$0

Long-Term Debt

$0

$0

Total Liabilities

$13,933

$0

Financials as of: 02/16/2023
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Brick Work 04/29/2023 Wefunder $10,000,000 $0 SAFE Not Funded RegCF
Brick Work 04/29/2022 Wefunder $10,000,000 $143,350 SAFE 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

Funding data not publicly available

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Brick Work on Wefunder 2023
Platform: Wefunder
Security Type: SAFE
Valuation: $10,000,000

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