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Spokane Workers Cooperative

Spokane Workers Cooperative Revenue

Investment, Funds and TrustsFlag of USSpokane, Washington, United States1-10 Employees

$

Spokane Workers Cooperative revenue & valuation

Annual revenue$171,110
Revenue per employee$86,000
Estimated valuation?$547,552
Total funding$251,000

Key Contact at Spokane Workers Cooperative

Flag of US

Luke Baumgarten

Worker-owner

Company overview

HeadquartersSpokane, Washington, United States
Phone number+15092301223
Website
NAICS55
Keywords
Heating & Air Conditioning, Business Incubator, Baking, Journalism, Holding Company, Brand Design, Cooperative, Brewing, Podcasts, Organization Design, Self-Management, Worker-Ownership
Founded2021
Employees1-10
Socials

Spokane Workers Cooperative Email Formats

Spokane Workers Cooperative uses 1 email format. The most common is {first name}{last name} (e.g., johndoe@spokane.coop), used 100% of the time.

FormatExamplePercentage
{first name}{last name}
johndoe@spokane.coop
100%

About Spokane Workers Cooperative

We are buying and building some of Spokane’s most iconic businesses, and turning them over to employee ownership and control. We fundamentally believe everyone deserves economic freedom and self-determination, and we’re using worker-owned cooperatives to make it happen. All SWC workers are also owners, equitably sharing company profits. As the company grows and thrives, its worker-owners build meaningful wealth not accessible in traditional ownership structures. Democracy is built in at SWC, top to bottom: day-to-day decision-making is kept as close to immediately affected teams as possible, and our governing board of directors always has a super-majority of worker representation. SWC is a Limited Cooperative Association, which allows worker-owners to partner with investors. - Making it easier for workers to find community-focused investment - Allowing investors to make a meaningful, direct impact on their communities We use our funds to buy beloved community institutions and turn them over to employee control, giving workers autonomy, ownership and financial freedom. - Every acquired business adds strength, resiliency and value to SWC. - Each worker and investor own a piece of the whole thing, sustaining amazing jobs, mitigating risk, and keeping more wealth directly in our community. All employees of SWC businesses become worker–owners after a 90 day trial period. - SWC is governed by a board of directors elected from among the worker and investor members with there being twice as many worker-owner directors as there are investor-owner directors.

Employees by Management Level

Total employees: 1-10

Seniority

Employees

Founder/Owner

Funding Data

Explore Spokane Workers Cooperative's funding history, including investment rounds, total capital raised, and key backers.

Funding Date
Round
Amount
Link to Article
2022-07-233$251,000

Funding Insights

$251,000

Total funding amount

$251,000

Most recent funding amount

1

Number of funding rounds

Frequently asked questions

Spokane Workers Cooperative is located in Spokane, Washington, US.
You can reach Spokane Workers Cooperative at +15092301223.
Spokane Workers Cooperative generates an estimated annual revenue of $171,110. This revenue figure reflects the company's market position and business performance in its industry.
Spokane Workers Cooperative has an estimated valuation of $547,552. This valuation is calculated based on industry-standard revenue multiples and reflects the company's growth potential and market positioning.
Spokane Workers Cooperative was founded in 2021, making it 5 years old. The company has established itself as a significant player in its industry over this time.
Spokane Workers Cooperative has approximately 1-10 employees. The company continues to grow its workforce to support its business operations and expansion.
Spokane Workers Cooperative has raised a total of $251,000 across 1 funding rounds. This investment has helped the company grow and expand its operations.

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