About this raise

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.

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Investment Overview

Invested this round: $17,862

Deal Terms

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

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$6.50

Pre-Money Valuation

$1,309,141

Company & Team

Company

Year Founded
2017
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Distribution Model
B2B
Margin
Capital Intensity
High
Location
San Diego, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
Yes
Founder Name
Matt Belcher
Title
CEO
Founder Name
Parker Smith
Title
COO, Managing Partner
Founder Name
Travis Hook
Title
CIO

Funding data not publicly available

Financials

 Revenue -66% YoY
$72,817
as of FY2022
 Monthly Burn
$139,184
as of FY2022
 Runway
0.6 months
as of FY2022

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

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$2,153,600
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
12/31/2025 Dalmore Group - $214,313 Equity - Common Active RegA+
10/31/2023 Rialto Markets $1,309,141 $17,862 Equity - Common Funded RegCF
06/22/2023 Rialto Markets - - Equity - Common Withdrawn RegCF
04/30/2022 Rialto Markets $5,000,000 $206,800 Equity - Common Funded RegCF
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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.

Employee History

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Add to portfolio
CalTier on Rialto Markets 2023
Platform: Rialto Markets
Security Type: Equity - Common
Valuation: $1,309,141
Price per Share: $6.50

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

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