CalTier
Early Stage
The Company That Aims to Change Real Estate Investing
Overview
Platform
Rialto Markets
Start Date
09/29/2023
Close Date
10/31/2023
Min. Goal
$650
Max. Goal
$1,300,000
Min. Investment
$650
Security Type
Equity - Common
Series
Series A
SEC Filing Type
RegCF
Price Per Share
$6.50
Pre-Money Valuation
$1,309,141
Year Founded
2017
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Distribution Model
B2C
Margin
Capital Intensity
High
CalTier is raising funds on Rialto Markets. It is a fintech investment platform that allows investors to invest in real estate. CalTier has 18 assets in its portfolio, including 2,197 apartment units across eight states in the US. CalTier has already made returns to investors and has been featured in Yahoo Finance, California Business Journal, Seeking Alpha, and Morningstar. Matthew Belcher, Parker Smith, and Travis Hook founded CalTier in August 2017. The current crowdfunding campaign has a minimum target of $650 and a maximum target of $1.3 million. The campaign proceeds will be used for platform and technology, marketing and advertising, and operation, general, and administrative expenses.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$72,817 |
$215,559 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-1,670,211 |
$-194,933 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$85,932 |
$239,099 |
|
Accounts Receivable |
$207,066 |
$113,162 |
|
Total Assets |
$665,814 |
$733,583 |
|
Short-Term Debt |
$65,027 |
$327,225 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$65,027 |
$327,225 |
Financials as of: 09/29/2023
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Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| CalTier | 10/31/2023 | Rialto Markets | $1,309,141 | - | Equity - Common | Funded | RegCF |
| CalTier | 06/22/2023 | Rialto Markets | - | - | Equity - Common | Not Funded | RegCF |
| CalTier | 06/21/2022 | Rialto Markets | $5,000,000 | - | Equity - Common | Funded | RegCF |
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