FlutterPads

FlutterPads

Testing the Waters
Early Stage

A flexible extended-stay rental marketplace backed by its own properties

A flexible extended-stay rental marketplace backed by its own properties

Overview

Raised to Date: Raised: $93,106

Total Commitments ($USD)

Platform

Wefunder

Start Date

03/03/2024

Close Date

Testing the Waters

Min. Goal
N/A - TTW
Max. Goal
N/A - TTW
Min. Investment

$100

Security Type

Equity - Common

SEC Filing Type

Test the Waters

Early Bird Valuation

$22,500,000

Pre-Money Valuation

$25,000,000

Rolling Commitments ($USD)

Status

Active

Reporting Date

04/15/2024

% of Min. Goal
N/A - TTW
% of Max. Goal
N/A - TTW
Likelihood of Max
N/A - TTW
Avg. Daily Raise

$2,165

# of Reservations

73

Momentum
N/A - TTW
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Year Founded

2023

Industry

Real Estate & Construction

Tech Sector

MarketplaceTech

Distribution Model

B2B/B2C

Margin

Capital Intensity

High

Location

Los Angeles, California

Business Type

Growth

FlutterPads, with a valuation of $25 million, is testing the waters on Wefunder. The company has developed a flexible extended-stay rental marketplace. FlutterPads has its own properties, which work a high barrier to entry for competitors and enable the business to build, furnish, maintain, and manage its units. The company has $11 million in assets under management, with $700,000 in annualized revenue in a single test market of Los Angeles. Daniel Ameer founded FlutterPads in September 2023. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $5 million. The campaign proceeds will be used for growth and expansion.
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FlutterPads on Wefunder 2024
Platform: Wefunder
Security Type: Equity - Common
Valuation: $25,000,000

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