DIVERTsessions Pop-Up
COVID safe outdoor Sports and Education facility helps bridge social inequities
Overview
Raised: $578,990
Total Commitments ($USD)
Platform
Wefunder
Start Date
09/01/2020
Close Date
07/31/2021
Min. Goal
$50,000
Max. Goal
$1,070,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.60X
Rolling Commitments ($USD)
Status
Funded
Reporting Date
07/31/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$1,744
# of Investors
280
Momentum
Funded
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Year Founded
2019
Industry
Fitness & Wellness
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
DIVERTsessions Pop-Up, an outdoor sports and education facility, is raising crowdfunding on Wefunder. The facility is designed for safe, accessible, and affordable participation in sports and education during COVID. The program includes a skatepark, a ski hill, a wave machine, a creative education studio, a live event venue, and a food and beverage service. Zachary Adamson and David Monhait founded DIVERTsessions Pop-Up in 2019 and has raised over $400,000 since its founding. The proceeds of the current crowdfunding round, with a minimum goal of $50,000 and a maximum goal of $500,000, will be used for permitting & development, go-to-market, and staff & operations. DIVERTsessions Pop-Up combats social inequalities by making sports and education accessible to anyone and everyone.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-3,258 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 09/01/2020
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