Igloo Mountain Lodge

Sustainable lodging in the heart of the Washington Cascade mountains

Analytics

Raised to Date: $84,725

Aggregate Commitments $
Platform

Wefunder

Start Date

04/09/2021

Close Date

04/30/2022

Min. Goal

$250,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

Convertible Note

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$5,000,000

Discount Rate

20%

Rolling Commitments $
Status

Active

Reporting Date

06/09/2021

Days Remaining

322

% of Min. Goal

34%

% of Max. Goal

8%

Likelihood of Max
unlikely
Avg. Daily Raise

$1,389

Momentum
cold
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Location

Edmonds, Washington

Industry

Travel and Hospitality

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Business Type

Life Style

Igloo Mountain Lodge, with a valuation cap of $5 million, is raising funds on Wefunder. The company offers sustainable lodging solutions in the heart of the Washington Cascade mountains. The monolithic domes of Igloo Mountain Lodge are designed and equipped for short-term rentals, with all the amenities of a modern rental home. Youri Benoiston founded Igloo Mountain Lodge in June 2020. The current crowdfunding campaign has a minimum target of $250,000 and a maximum target of $1,070,000, and the funds will be used to build more Igloos with power, water, internet, septic, and road access. Igloo Mountain Lodge caters to a beautiful and unserved location in WA and will be able to break ground with minimal funding and low risk of stalling out.
Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-1,350

$0

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$16,000

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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