April

April

Early Stage

The 1st Content Creator Platform for Real Estate

The 1st Content Creator Platform for Real Estate

Overview

Raised to Date: Raised: $5,000,000

Total Commitments ($USD)

Platform

Wefunder

Start Date

04/04/2022

Close Date

04/27/2022

Min. Goal
$50,000
Max. Goal
$5,000,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$20,000,000

Discount

0%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

05/01/2022

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$217,391

# of Investors

4,954

Momentum
Funded
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Year Founded

2019

Industry

Real Estate & Construction

Tech Sector

Proptech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Location

New York, New York

Business Type

High Growth

April, with a valuation of $20 million, is raising funds on Wefunder. The company has developed the first content creator platform for real estate. The app is leveraging the transparency of video content and the traction of social media to innovate the process of renting and leasing. The April app uses video content and social media to market real estate in an innovative way that is both personal and relatable. April has over 25,000 apartment units in its network and plans to expand further in 2022. Sundaresh Mahendra, Benjamin Wallsten, and Mauro Canuto founded April in June 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $5,000,000. The campaign proceeds will be used for team and talent retention, marketing, and operations.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-753,554

$-224,525

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$322,438

$70,705

Accounts Receivable

$0

$0

Total Assets

$322,438

$70,705

Short-Term Debt

$132,356

$86,549

Long-Term Debt

$1,309,781

$350,916

Total Liabilities

$1,442,137

$437,465

Financials as of: 04/04/2022
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April on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $20,000,000

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