OZFund

Neutral
BETA

A Community Housing Development!

Analytics

Raised to Date: $12,000

Aggregate Commitments $
Platform

Fundopolis

Start Date

08/21/2020

Close Date

12/16/2020

Min. Goal

$25,000

Max. Goal

$249,999

Min. Investment

$100

Security Type

Convertible Note

Funding Type

RegCF

Series

Seed

Valuation Cap

$6,000,000

Discount Rate

20%

Weekly Commitments $
Status

Active

Reporting Date

10/18/2020

Days Remaining

57

% of Min. Goal

48%

% of Max. Goal

5%

Likelihood of Max
Avg. Daily Raise

$207

# of Investors

5

Momentum
Location

Wilmington, DE

Industry

Real Estate & Construction

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Business Type

Life Style

OZFund, with a valuation cap of $6 million, is raising funds on Fundopolis. It acquires below-market properties in the Opportunity Zones of Pennsylvania and redevelops them into affordable rental housing. OZFund is a community housing development building an 88,000 square foot mixed-use development at the corner of South Queen Street and Furnace Street. Jeremy Feakins founded OZFund in 2019. The current crowdfunding round has a minimum raise of $25,000 and a maximum raise of $249,999. OZFund is supported by local community organizations and the city council. It allows a team of experienced property developers to work with knowledgeable architects, designers, and construction companies to fulfill the need for affordable housing.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-89,617

$0

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$6

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$49,621

$0

Long-Term Debt

$0

$0

Total Liabilities

$49,621

$0

Ratings

last updated 10/20/2020

Ratings Platform - Beta Trial

Our new ratings and analytics platform is currently in Beta. To gain access to the Beta platform features, upgrade to a Pro paid account and accept the Beta terms on any page.

For a limited time, use coupon code "TRYMERLIN20" for a free 20 day trial of Kingscrowd Pro and Merlin Beta. Your paid subscription will activate at the end of 20 days. Cancel anytime.
Other Deals

Kiwibot on Wefunder

Kiwibot has been selected as a “Top Deal” by KingsCrowd. This distinction is reserved for deals selected into…

Crowd
Neighborhood Sun on Wefunder

The Neighborhood Sun team has been selected as a “Top Deal” by KingsCrowd. This distinction is reserved for…

Crowd
GROUNDFLOOR on SeedInvest

Groundfloor has been selected as a “Deal to Watch” by KingsCrowd. This distinction is reserved for deals selected…

Pro
Create your first portfolio
WELCOME TO YOUR OWN INVESTMENTS PORTFOLIO ON KINGSCROWD.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Add OZFund on Fundopolis
Follow company
Follow OZFund on Fundopolis