Arrived

Arrived

Growth Stage

Easily invest in rental homes & vacation rentals

Easily invest in rental homes & vacation rentals

Overview

Raised to Date:
$2,508,797 - RegCF
$32,508,790 - Total

Total Commitments ($USD)

Platform

Wefunder

Start Date

05/30/2023

Close Date

04/16/2024

Min. Goal
$500,000
Max. Goal
$1,235,000
Min. Investment

$500

Security Type

Equity - Preferred

Series

Series A

SEC Filing Type

RegCF / RegD 506(c)    Open SEC Filing

Price Per Share

$14.80

Pre-Money Valuation

$100,000,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

04/16/2024

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

$7,816

# of Investors

3,154

Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded

2019

Industry

Real Estate & Construction

Tech Sector

Proptech

Distribution Model

B2C

Margin

High

Capital Intensity

High

Location

Seattle, Washington

Business Type

High Growth

Arrived, with a valuation of $100 million, is raising funds on Wefunder. The company provides a platform for investors to invest in fractional rental homes and vacation rentals. The investments in properties through Arrived enable investors to participate in property appreciation, generate consistent passive income, get tax advantages, diversify with real estate, and save time and energy. Arrived has over 295,000 registered users and grew its new assets under management by 800% in 2022. Ryan Frazier, Alejandro Chouza, and Kenny Cason founded Arrived in 2019. The current crowdfunding campaign has a minimum target of $500,000 and a maximum target of $1.24 million. The campaign proceeds will be used for hiring, marketing, and working capital.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$6,390,045

$604,964

COGS

$262,133

$0

Tax

$0

$0

 

 

Net Income

$-4,449,168

$-2,254,976

Summary Balance Sheet

FY 2023 FY 2022

Cash

$17,469,304

$3,698,304

Accounts Receivable

$17,892

$1,856

Total Assets

$30,067,702

$16,903,318

Short-Term Debt

$724,054

$267,709

Long-Term Debt

$1,186,089

$9,472,154

Total Liabilities

$1,910,143

$9,739,863

Financials as of: 05/30/2023
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Arrived on Wefunder 2023
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $100,000,000
Price per Share: $14.80

Follow company

Follow Arrived on Wefunder 2023

Buy Arrived's Deal Report

Warning: according to the close date for this deal, Arrived may no longer be accepting investments.

Arrived Deal Report

Get KingsCrowd’s comprehensive report on Arrived including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Arrived is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Arrived deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge