Miami Cityfund
Early Stage
Own a piece of land through a targeted portfolio of residential real estate
Overview
Raised: $67,475
Total Commitments ($USD)
Platform
Republic
Start Date
09/14/2022
Close Date
06/16/2023
Min. Goal
$100
Max. Goal
$7,000,000
Min. Investment
$100
Security Type
Equity - Common
Series
Seed
SEC Filing Type
RegA+
Price Per Share
$10.00
Pre-Money Valuation
$700,000
Rolling Commitments ($USD)
Status
Funded
Reporting Date
06/30/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$245
# of Investors
140
Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2021
Industry
Real Estate & Construction
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Miami Cityfund is raising funds on Republic through Reg A+ crowdfunding. It is an investment product to invest in a piece of Miami. The fund will acquire and manage a portfolio of single-family residential real estate assets in Miami and will focus on investing in the equity of single-family homes and purchasing single-family rentals. Miami Cityfund is targeting the Miami housing market that is becoming the hub to emerging startup ecosystems, entrepreneurs, and investors. John Green and Mauricio Delgado founded Austin Cityfund in 2021. The current crowdfunding round has a maximum target of $7 million. The campaign proceeds will be used for the acquisition cost of investments.
Balance Sheet
| Total Assets |
$21,975 |
|
Accounts Payable & Accrued Liabilities |
$13,011 |
|
Long Term Debt |
$0 |
|
Total Liabilities |
$38,223 |
|
Total Stockholders' Equity |
$-16,248 |
| Total Liabilities and Equity |
$21,975 |
Statement of Comprehensive Income Information
| Net Income |
$-16,248 |
|
Earnings Per Share - Basic |
$0.00 |
|
Earnings Per Share - Diluted |
$0.00 |
Auditor: Artesian CPA, LLC
Financials as of: 09/14/2022
Create a free account today to gain access to KingsCrowd analytics.
Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Austin Cityfund | 06/16/2023 | Republic | $7,000,000 | $117,350 | Equity - Common | Funded | RegA+ |
| Miami Cityfund | 06/16/2023 | Republic | $700,000 | $67,475 | Equity - Common | Funded | RegA+ |
| Tampa Cityfund | 06/16/2023 | Republic | $7,000,000 | $81,858 | Equity - Common | Funded | RegA+ |
| Dallas Cityfund | 06/16/2023 | Republic | $7,000,000 | $62,563 | Equity - Common | Funded | RegA+ |
| Dallas Cityfund | 12/20/2021 | Republic | $500,000 | $332,320 | Equity - Common | Funded | RegCF |
| Miami Cityfund | 12/20/2021 | Republic | $500,000 | $311,575 | Equity - Common | Funded | RegCF |
| Austin Cityfund | 10/15/2021 | Republic | $500,000 | $500,000 | Equity - Common | Funded | RegCF |
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$25 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Already a member? Log in here.
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.