Austin Cityfund (2021)
About this raise
Austin Cityfund, an investment product to invest in a piece of Austin, is raising funds on Republic. The fund will acquire and manage a portfolio of single-family residential real estate assets in Austin. They will focus on investing in the equity of single-family homes and purchasing single-family rentals. The fund was founded in April 2021 and is led by Jesse Stein, John Green, and Mauricio Delgado. The current crowdfunding round has a minimum raise of $100,000 and a maximum raise of $500,000, and the funds will be used to acquire more properties. Austin Cityfund is targeting the Austin housing market that saw incredible demand in 2020 despite the COVID-19 pandemic. The demand for real estate assets has outpaced supply and causing home prices to soar.
Investment Overview
Invested : $500,000
Deal Terms
Total Commitments
- Platform
- Republic
- Start Date
- 08/04/2021
- Close Date
- 10/15/2021
$100,000
$500,000
$500
Equity - Common
Early Stage
RegCF
$10.00
$500,000
Company & Team
Company
- Year Founded
- 2021
- Industry
- Real Estate & Construction
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- High
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Company Funding & Growth
Funding history
| Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Austin Cityfund | 06/16/2023 | Republic | $7,000,000 | $117,350 | Equity - Common | Funded | RegA+ |
| Miami Cityfund | 06/16/2023 | Republic | $700,000 | $67,475 | Equity - Common | Funded | RegA+ |
| Tampa Cityfund | 06/16/2023 | Republic | $7,000,000 | $81,858 | Equity - Common | Funded | RegA+ |
| Dallas Cityfund | 06/16/2023 | Republic | $7,000,000 | $62,563 | Equity - Common | Funded | RegA+ |
| Dallas Cityfund | 12/20/2021 | Republic | $500,000 | $332,320 | Equity - Common | Funded | RegCF |
| Miami Cityfund | 12/20/2021 | Republic | $500,000 | $311,575 | Equity - Common | Funded | RegCF |
| Austin Cityfund | 10/15/2021 | Republic | $500,000 | $500,000 | Equity - Common | Funded | RegCF |
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.