About this raise: Jurny, with a valuation of $23.98 million, is raising funds on Wefunder. The company has developed an AI-powered solution to automate short-term rental operations. Jurny’s property management system automates short-term stays for property managers and hosts and manages cleanings, bookings, customer service, dynamic pricing, and reviews management. The platform has partnerships with Expedia, VRBO, and Airbnb, doubled its recurring revenue in six months, and is on track to triple it by the end of 2024. Luca Zambello founded Jurny in November 2018. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $850,000. The campaign proceeds will be used for digital marketing, payroll, operations, and marketing.

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Investment Overview

Invested this round: $495,036

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
08/15/2024
Close Date
10/24/2024
Min. Goal
$50,000
Max. Goal
$850,000
Min. Investment

$500

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.98

Early Bird Valuation

$17,981,623

Pre-Money Valuation

$23,975,497

Company & Team

Company

Year Founded
2018
Industry
Real Estate & Construction
Tech Sector
Proptech
Distribution Model
B2B
Margin
High
Capital Intensity
Low
Location
NORTH HOLLYWOOD, California
Business Type
High Growth
Company Website
Visit Website

Team

Employees
43
Prior Founder Exits?
No
Founder Name
Luca Zambello
Title
CEO

Financials

as of August 1, 2024
 Revenue -14.5% YoY
$1,182,714
 Monthly Burn
$124,000
 Runway
1.6 months
Gross Margin
66%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$1,182,714

$1,383,766

COGS

$396,936

$572,323

Tax

$0

$0

 

 

Net Income

$-3,951,478

$-4,053,472

Summary Balance Sheet

FY 2023 FY 2022

Cash

$95,803

$479,546

Accounts Receivable

$51,103

$60,878

Total Assets

$726,654

$2,066,899

Short-Term Debt

$6,099,115

$3,030,157

Long-Term Debt

$2,049,003

$2,604,974

Total Liabilities

$8,148,118

$5,635,131

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$13,793,556
VC Backed?
Yes
Close Date Platform Valuation Total Raised Security Type Status Reg Type
10/24/2024 Wefunder $23,975,497 $495,036 Equity - Common Funded RegCF
06/18/2024 StartEngine $23,975,656 $974,104 Equity - Common Funded RegCF
11/08/2023 Wefunder $20,000,000 $1,300,259 Convertible Note 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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Jurny on Wefunder 2024
Platform: Wefunder
Security Type: Equity - Common
Valuation: $23,975,497
Price per Share: $0.98

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