Booking Ninjas

Booking Ninjas

Closed: Apr. 2023

About this raise

Booking Ninjas is raising funds on SMBX. The company operates small hotels and vacation homes and provides top-level property management solutions. The business provides the best digital tools to companies in the hospitality business to help them manage their properties better. Booking Ninjas aims to increase time efficiency, boost revenues, and improve customers experience for its clients in the hospitality industry. David Harroch founded Booking Ninjas in February 2008. The current crowdfunding campaign has a minimum target of $125,000 and a maximum target of $650,000. The campaign proceeds will be used for marketing, sales support, and additional staffing.

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Investment Overview

Not Funded: $21,640

Deal Terms

Total Commitments

Platform
SMBX
Start Date
01/26/2023
Close Date
04/11/2023
Min. Goal
$125,000
Max Goal
$650,000
Min. Investment

$10

Security Type

Debt

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

11.50%

Term Length

6.0 years

Company & Team

Company

Year Founded
2008
Industry
Real Estate & Construction
Tech Sector
Proptech
Distribution Model
B2B
Margin
High
Capital Intensity
Low
Location
New York, New York
Business Type
High Growth
Company Website
Visit Website

Team

Employees
11
Prior Founder Exits?
No
Founder Name
David Harroch
Title
CEO

Financials

as of Fiscal Year 2022
 Revenue +157% YoY
$142,958
 Monthly Burn
$5,262
 Runway
2.6 months
Gross Margin
98%

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$142,958

$55,614

COGS

$2,748

$28,751

Tax

$0

$0

 

 

Net Income

$-63,141

$-43,377

Summary Balance Sheet

FY 2022 FY 2021

Cash

$13,547

$5,773

Accounts Receivable

$0

$0

Total Assets

$13,547

$5,773

Short-Term Debt

$15,148

$19,113

Long-Term Debt

$0

$0

Total Liabilities

$15,148

$19,113

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/11/2023 SMBX - $21,640 Debt Not Funded RegCF
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Booking Ninjas on SMBX 2023
Platform: SMBX
Security Type: Debt

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

Booking Ninjas Deal Report

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