# Impact Hub Honolulu

Building community. Making impact.

Coworking, offices, meetings and events. 

## Elevator pitch
We provide a gathering space where people connect, collaborate and build.  We empower people and businesses for a better world.  We remove barriers so our members can focus on what they are passionate about.

- Canonical URL: https://wefunder.com/impact.hub.honolulu
- Entity ID: wefunder:company:34261
- Last updated: 2026-06-23T05:01:20Z
- Generated at: 2026-06-23T09:00:43Z

## Quick facts
- We are the future of work. Coworking is growing 30% per year globally.
- Our vision is an interconnected Hawaii where one membership gives our members access to 11 locations across the islands and 100 worldwide.
- We are driven by our mission. We inspire, connect and enable people to do well and do good for Hawaii.
- We are the largest coworking community space in the state of Hawaii. Our 17,770 sf flagship location is in the heart of Honolulu, Hawaii.
- Impact Hub is the largest global network of social entrepreneurs. Members connect with 15K+ others across 5 continents, and 50 countries.
- We have traction. Demand is high. Our 39 offices were rented before completion of buildout.
- Since Aug. '17, we've hosted 250+ events with 15K+ attendees. We've grown to 300+ members, and awarded $175K in scholarships.

## Active fundraises
- wefunder:fundraise:24301: 4(a)(6) successful (USD)

## Story
September 2014 - We started as ProtoHub (Prototype Impact Hub). It was our 1-year coworking BETA to prove that Hawaii was ready for an Impact Hub and that we were the team to execute it.We hit it out of the park!  Numbers for the year:160 membersover 300 eventsemail list of over 2000May 2015We were accepted as Impact Hub Honolulu into the Impact Hub global network to be a part of the largest global network of social entrepreneurs.  Once we were official we started the search for a new home. It would be two year journey securing the perfect spot. February 2017We received a Hawaii State Grant in Aid to help us kickstart our Impact Hub.  This investment from the state was a major vote of confidence in our team and our mission. June 2017After more than two years hounding and begging them, our new landlords finally agreed to lease to a coworking startup. We transformed this:And opened our doors in November 2017 with this:Milestones2018 Coworker.com Best Coworking Space in Honolulu.HVCA nomination for social impact company of the year (2017).100% office occupancy well before offices were finished. We hit the 100 member mark a quarter before we expected.150+ events with over 10,000 attendees.Our Social Impact $175,000 in scholarships for memberships and events that created social impact.ImpactART residency program supported local artists with studio space and gallery events. This was the first of its kind in Hawaii in creating a win-win for artists and businesses.Hosted educational, environmental, and innovation events to build community collaboration in making impact. Partnered with zero waste organizations to pilot a zero waste business program, diverting over 95% of waste from operations and events. We also ban single use plastics and polystyrene from events. Organize weekly volunteer clean-ups with houseless neighbors. November 2018Driven by demand, we added another 4000sf of space on the second floor of our building. Our offices were completely filled before we finished construction. We were the first coworking space in Hawaii to expand. April 2019We signed the lease for our second location on the island of Oahu located in Hawaii Kai.  It will be 7200sf with views of the marina.  It will be sweet!  Target opening is Q4 2019.

## FAQ
1. **i am considering an investment. at "plan" how long would it take to payback the 100% of investment? what about the additional 75% of investment?**
   - Aloha Daniel. Thanks for your interest. The repayment period depends on our revenues so the time frame depends on that also. The revenue share disbursements continue until the repayment amount is reached.
2. **What is the projected quarterly revenue amount and growth over the first year of operation? Are the quarterly payback distrubtions kicked off immediately or are there milestones before payback begins?**
   - Aloha and thank you for your interest! Our revenues will depend greatly on opening of new locations and getting more members to join our community. For just our current location, we are expecting revenues for 2019 to be over $1M. Loan repayments will start 12 months after funds from the campaign have been disbursed to us. Great questions!
3. **Do you own any properties or leasing space?**
   - Aloha Tom. Thanks for your interest! We current are leasing our main location and just signed a lease on our second location. We are open to purchase also, but the the main consideration for us is something with super cool bones that we can transform into an inspiring space.
4. **After your investment plus 75% has been paid back, do you still own a pro-rata (based on your original investment) share of the company?**
   - Aloha James. This campaign is for a loan that is repaid through revenue share. There is no ownership of the company included.
5. **A couple more questions: 1. How is the payout percentage structured for each investor? Is it as simple as "5% quarterly revenue / # of investors = payment amount per investor" or is there a priority repayment structure based on amount contibuted or some other factor? 2. What i...**
   - Aloha Alexander. I'm so glad you are flushing these details out because I am sure there are others that have the same questions. 1. Repayment is made based on the investor's pro-rata share of the aggregate amount invested at the end of the campaign. Every quarter, we send wefunder 5% of our gross revenues. Wefunder then will re-distribute that amount to the investors accordingly. 2. Your back of the napkin is eerily accurate, except the part about the amount each investor would be repaid beca...

## Team
- Nam Vu (Co-Founder)
- Meeta Vu (Advisor, Co-Founder at Impact Hub Honolulu)
- Joshua Rivera (Community Director at Impact Hub Honolulu)

## Recent posts
- Alooooha! (2022-03-30T00:56:06Z)
- More than 100 investors have joined us in our mission! (2019-08-03T03:29:18Z)
- Help us create a thunderclap of support on social media! (2019-07-25T23:54:13Z)
- Hawaii Kai Sneak Peek Recap: Check out our New Location! (2019-07-19T00:44:41Z)
- The Real Value of Coworking Communities (2019-06-21T04:11:40Z)
- Impact Hub Honolulu goes Global this week! (2019-06-14T02:43:01Z)
- A Special Invitation for our Investors (2019-06-08T02:20:14Z)
- LET'S BE CLEAR ON OUR GOALS (2019-05-30T21:46:24Z)
- We got keys for our Hawaii Kai location! (2019-05-22T01:14:10Z)
- Most Raised this week on Wefunder! (2019-05-17T21:28:03Z)

## Q&A
- Q: When was the last update from your company to us, the investors? Seems like it has been at least 9 months, unless I missed something. Please provide an update. Thank you.
  - A: Aloha Eric! in case you missed it, we posted an update to our investors on Oct. 19.2020. Thanks!
- Q: i am considering an investment. at "plan" how long would it take to payback the 100% of investment? what about the additional 75% of investment?
  - A: Aloha Daniel. Thanks for your interest. The repayment period depends on our revenues so the time frame depends on that also. The revenue share disbursements continue until the repayment amount is reached.
- Q: Hi, As an early stage investor via WeFunder, I invested back in 2019. I would like to learn how do you plan on paying back the investors as per the terms stated in the contract, as I do not see a payment start date defined.
  - A: Aloha Qasim! Thanks for the question. On Oct. 19, 2020 we posted an update to our investors. Please review it and let us know if you have any questions.
- Q: Hi Guys, very good concept. Just was wondering do you have any Solution to manage your co-working spaces?
  - A: Aloha Shankar. Thanks for the question. Yes, we do have a management system. There are several good ones on the market and it really depends on your needs and business model as to which one is best suited.
- Q: Why was the choice made to seek a loan rather than offer equity?
  - A: Thanks for your question, it is one that we discussed endlessly. Ultimately, we decided on a loan to fuel our expansion efforts. We are exploring an equity offering, but will mostly likely look for someone locally that can help us grow.
- Q: Hi, I am reviewing the listing but I can't find a closing date for the listing. Is there a closing date? Thank you.
  - A: Aloha Christopher. Thanks for the question. The short answer is 8/8/2019. It can be found of you click on the Form C link on the bottom of our wefunder page and then click on the Form C on the SEC filing page.
- Q: Hi, As an investor at Impact Hub, I am very much interested in knowing if you plan on expanding your businesses reach through platforms like Startupbnb.com? Our team would be happy to get your place listed and help drive more business to your spaces. We're housing over 800 coworking and coliving spaces around the world. Disclosure: I am the founder of Startupbnb.com and believe in the vision of coworking. My investment is strictly to see Impact Hub grow without any expectations that there needs to be a relationship with Startupbnb.com.
  - A: Aloha Qasim. Thank you for support us and our growth. Yes, we do have plans to include platforms such as Startupbnb.com in our marketing efforts. Would love to learn more.
- Q: Aloha Nam and team - Just put in my investment and am proud to support this type of business in Honolulu. I was wondering how you decided to place your second location in Hawaii Kai and as you think about your footprint where you're considering expanding? Typically you see expansion toward West Oahu, as opposed to East Honolulu. Best of luck with your efforts; rooting for you from here in NYC!
  - A: Aloha Kyle! Thank you so much for your investment and your support and well wishes. For Oahu, we are expanding to Hawaii Kai, West Side, Kailua, and North Shore, with a possible location somewhere in the Central Oahu area. To be completely honest, we feel like there is a need in all of these areas and have been looking in all of the areas. It just so happened that a location in Hawaii Kai was identified first. As you may know, space on Oahu that has interesting bones is difficult to find. We've been looking on the West Side for a while, but just haven't found anything we are passionate about.
- Q: A few more that should be clarified: 1. Is the revenue share repayment amount based on gross revenue or net revenue? 2. Is there a tipping point for revenue amount to trigger repayment or is the 12 month date from fund dispursement the single factor in determining repayment kickoff? 3. If payback amounts are based on net and considering there was a net loss of $214,970 in 2018 plus the buildout cost of the new location in 2019, what is the likelihood of paybacks not being started on time due to the company reporting net losses? With current projections, including buildout costs and added revenue of the new location, will the company be net positive?
  - A: Aloha Alexander. Again great questions. Revenue share is from gross revenues. Repayments start at 12 months and doesn't have an earlier trigger. We are net positive now and we expect to be net positive at future locations very quickly.
- Q: A couple more questions: 1. How is the payout percentage structured for each investor? Is it as simple as "5% quarterly revenue / # of investors = payment amount per investor" or is there a priority repayment structure based on amount contibuted or some other factor? 2. What is the projected revenue for 2020 including both locations? Considering the new location isn't going to open until Q4 at the earliest and the payback schedule doesn't kick in until 12 months after funds being secured which means best case scenario paybacks kick in 6 calendar months / new location operating months into the new year? For your context, the very rough back of napkin calculations I'm mulling with the information I have look like this: Current 2019 projected revenue on current location is ~$1M, let's say this scales to $1.5M. Using a "5% revenue / # of investors = payment amount" and considering the current investment average of "~$66,000 currently funded / 33 investors = $2,000 investment per investor" then "$125,000 fund goal amount / $2,000 mean investment size = 62.5 investors" means we're looking at an average dispursement of $300 per quarter per investor? Using the 5% of $1.5M annual revenue divided by 4 and finally divided by 62.5?
  - A: Aloha Alexander. I'm so glad you are flushing these details out because I am sure there are others that have the same questions. 1. Repayment is made based on the investor's pro-rata share of the aggregate amount invested at the end of the campaign. Every quarter, we send wefunder 5% of our gross revenues. Wefunder then will re-distribute that amount to the investors accordingly. 2. Your back of the napkin is eerily accurate, except the part about the amount each investor would be repaid because it is based on pro-rata share.
- Q: After your investment plus 75% has been paid back, do you still own a pro-rata (based on your original investment) share of the company?
  - A: Aloha James. This campaign is for a loan that is repaid through revenue share. There is no ownership of the company included.
- Q: Do you own any properties or leasing space?
  - A: Aloha Tom. Thanks for your interest! We current are leasing our main location and just signed a lease on our second location. We are open to purchase also, but the the main consideration for us is something with super cool bones that we can transform into an inspiring space.
- Q: What is the projected quarterly revenue amount and growth over the first year of operation? Are the quarterly payback distrubtions kicked off immediately or are there milestones before payback begins?
  - A: Aloha and thank you for your interest! Our revenues will depend greatly on opening of new locations and getting more members to join our community. For just our current location, we are expecting revenues for 2019 to be over $1M. Loan repayments will start 12 months after funds from the campaign have been disbursed to us. Great questions!