Homeshake

Homeshake

[Closed for Investment] Homeshake, with a valuation of $12 million, is raising funds on Wefunder. It is a commission-free real estate marketplace for buyers and sellers to function without agents. The platform enables individuals to buy or sell a home without the traditional middlemen and without paying a commission. Homeshake also provides the tools and support needed to buy or sell a home with confidence. Homeshake has reported a two-times revenue growth and sales volume growth for three consecutive quarters. Nick Rabin and Jonathan Bennie founded Homeshake in September 2019. The current crowdfunding campaign has a minimum target of $1 million and a maximum target of $2 million. The campaign proceeds will be used for marketing, business operations, and product development.

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Investment Overview

Raised this Round: Raised: $1,222,694

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
10/03/2022
Close Date
01/13/2023
Min. Goal
$1,000,000
Max. Goal
$2,000,000
Min. Investment

$250

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$12,000,000

Discount

10%

Company & Team

Company

Year Founded
2019
Industry
Real Estate & Construction
Tech Sector
Proptech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Location
West Chester, Ohio
Business Type
Growth
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Nick Rabin
Title
CEO
Founder Name
Jonathan Bennie
Title
General Counsel

Financials

 Revenue
$44,846
 Monthly Burn
$88,981
 Runway
0.8 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$44,846

$16,557

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-1,067,774

$-954,610

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$74,519

$26,153

Accounts Receivable

$0

$0

Total Assets

$542,105

$310,980

Short-Term Debt

$31,489

$65,590

Long-Term Debt

$0

$0

Total Liabilities

$31,489

$65,590

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$2,475,500
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
01/13/2023 Wefunder $12,000,000 $1,222,694 SAFE Funded RegCF
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Homeshake on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $12,000,000

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

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