OZFund

OZFund

Early Stage

A Community Housing Development!

A Community Housing Development!

Overview

Raised to Date: Raised: $12,000

Total Commitments ($USD)

Platform

Fundopolis

Start Date

08/20/2020

Close Date

12/16/2020

Min. Goal
$25,000
Max. Goal
$249,999
Min. Investment

$100

Security Type

Convertible Note

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$6,000,000

Discount

20%

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

12/15/2020

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

$103

# of Investors

5

Momentum
Not Funded
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Year Founded

2019

Industry

Real Estate & Construction

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Location

Wilmington, Delaware

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

Financials as of: 08/20/2020
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OZFund on Fundopolis
Platform: Fundopolis
Security Type: Convertible Note
Valuation: $6,000,000

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