Small Change on Wefunder 2022

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Small Change on Wefunder 2022


Valuation Cap

$10,000,000

Reporting Date

10/06/2022

Probability of Max

unlikely

Momentum

cool.svg

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Location

Pittsburgh, Pennsylvania

Trade

Monetary & Insurance coverage Merchandise & Providers

Small Change, with a valuation of $10 million, is elevating funds on Wefunder. It’s an fairness crowdfunding platform that permits traders to spend money on actual property offers. The platform presents numerous builders, modern initiatives, and clear returns by enabling investments in initiatives, individuals, and locations traders love. Small Change has raised over $10 million for 40 influence actual property initiatives and reported a 435% development in funds raised from 2020 to 2021. Eve Picker based Small Change in April 2016. The present crowdfunding marketing campaign has a minimal goal of $50,000 and a most goal of $1.07 million. The marketing campaign proceeds might be used for advertising, enhancing platform expertise options, growth of the core group, and launching a Reg A providing.

Abstract Revenue and Loss Assertion

Income

$171,709

$55,113

COGS

$0

$0

Tax

$300

$300

 

 

Internet Earnings

$214,434

$-311,990

Abstract Stability Sheet

Money

$21,956

$4,328

Accounts Receivable

$1,061

$0

Complete Belongings

$53,390

$35,122

Brief-Time period Debt

$268,355

$2,705,031

Lengthy-Time period Debt

$50,000

$63,470

Complete Liabilities

$318,355

$2,768,501

Financials as of: 10/05/2022

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