Homevest

Homevest

Early Stage

Real Estate Real Easy

Real Estate Real Easy

Overview

Raised to Date: Raised: $11,139

Total Commitments ($USD)

Platform

Netcapital

Start Date

12/04/2023

Close Date

05/15/2024

Min. Goal
$10,002
Max. Goal
$1,234,996
Min. Investment

$104

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$6.11

Pre-Money Valuation

$10,998,000

Rolling Commitments ($USD)

Status

Active

Reporting Date

05/07/2024

Days Remaining

7

% of Min. Goal

111%

% of Max. Goal

1%

Likelihood of Max
unlikely
Avg. Daily Raise

$72

Momentum
cold.svg
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Year Founded

2023

Industry

Financial & Insurance Products & Services

Tech Sector

Fintech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

Jersey City, New Jersey

Business Type

High Growth

Homevest, with a valuation of $10.9 million, is raising funds on NetCapital. It is a financial technology platform that enables investors to purchase shares in single-family rental properties. The Homevest app allows users to browse, purchase, and monitor shares on their phones and invest in high-quality, qualified rental properties. The possibility of fractional investments through Homevest leads to fewer contingencies, a faster process, simpler closing, and no appraisal stress. Michael Uhr and Michael Corkery founded Homevest in August 2023. The current crowdfunding campaign has a minimum target of $10,002.07 and a maximum target of $1.23 million. The campaign proceeds will be used for app development, salaries, marketing, and social media strategy.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

FY 2022 FY 2021

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 12/04/2023
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Homevest on NetCapital 2023
Platform: Netcapital
Security Type: Equity - Common
Valuation: $10,998,000
Price per Share: $6.11

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