At Ease Rentals
Early Stage
Addressing the pain points of 450,000 military and federal employees
Overview
Raised: $303,850
Total Commitments ($USD)
Platform
NextSeed
Start Date
06/21/2020
Close Date
12/15/2020
Min. Goal
$120,000
Max. Goal
$500,000
Min. Investment
$250
Security Type
Convertible Note
Series
Seed
SEC Filing Type
RegCF
Valuation Cap
$5,000,000
Discount
20%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
12/30/2020
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$1,726
# of Investors
295
Momentum
Funded
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Year Founded
2019
Industry
Travel and Hospitality
Tech Sector
MarketplaceTech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
At Ease Rentals, with a $5 million valuation cap, is raising funds on NextSeed. The company has created a platform to ease the pain of moving every 2-3 years for military families. The platform is a one-stop-shop for short-term rentals approved for reimbursement for the federal and military employees. At Ease Rentals was founded by Anthony Gantt, Gregory Rollins, and Mateo Bradford, all with military experience. The current crowdfunding campaign of the company has a minimum target of $120,000 and a maximum target of $500,000, and the funds will be used for sales, marketing and advertising, and website application upgrades. At Ease Rentals focuses on military and federal employees, and bookings through the platform are guaranteed reimbursement.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-21,019 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$2 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$2 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 06/21/2020
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