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Hit for-profit Santa Fe art venue seeks out tiny investors

Associated Press logo Associated Press 7/15/2017 By MORGAN LEE, Associated Press

SANTA FE, N.M. (AP) — The startup company behind a popular immersive art exhibition space in Santa Fe is seeking out small-scale equity investors online as it lays the groundwork to take its themed entertainment to a major metropolitan market.

More than 500,000 visitors have flocked to Meow Wolf's kaleidoscopic walk- and crawl-through exhibit space since it opened in a converted Santa Fe bowling alley in early 2016. The art installation starts with a riddle on the doorsteps of a fanciful Victorian house and extends through a maze of glowing passageways and rooms.

The privately held company behind the art complex hopes to raise roughly $1 million in increments of as little as $1,000 through the crowdfunding website WeFunder starting on Saturday, with no guarantee of a financial return from private shares.

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