Nada

Nada

Early Stage

Buy and sell your home online, pay nada

Buy and sell your home online, pay nada

Overview

Raised to Date: Raised: $1,832,019

Total Commitments ($USD)

Platform

Republic

Start Date

06/16/2020

Close Date

07/27/2021

Min. Goal
$25,000
Max. Goal
$5,000,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$12,000,000

Discount

20%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

07/31/2021

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$4,524

# of Investors

3,917

Momentum
Funded
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Year Founded

2018

Industry

Real Estate & Construction

Tech Sector

Proptech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

Miami, Florida

Business Type

High Growth

Nada, with a $12 million valuation cap, is raising crowdfunding on Republic. It is a real-estate technology company bringing buying and selling of real estate online without paying any brokerage. The company is transforming real-estate transactions into a homeowner service relationship by integrating all the disconnected services into one digital solution. Nada was founded by Mauricio Delgado, John Green, and Felipe Miranda in 2018 and has raised over $500,000 since its founding. The proceeds of the current crowdfunding campaign, with a minimum target of $25,000 and a maximum target of $1,070,000, will be used for the MVP release and expansion into new markets. Nada has business partnerships with Young Alfred & Aceable Agent and is backed by The University of Texas’ Accelerator and Google Startup Program.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$203,097

$9,250

COGS

$65,053

$0

Tax

$450

$450

 

 

Net Income

$-450,477

$-65,066

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$76,115

$55,153

Accounts Receivable

$16,680

$0

Total Assets

$103,930

$56,553

Short-Term Debt

$118,843

$20,619

Long-Term Debt

$500,000

$100,000

Total Liabilities

$618,843

$120,619

Financials as of: 06/16/2020
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Nada 04/28/2024 Wefunder $27,400,000 $2,001,184 SAFE Active RegCF / RegD 506(c)
Nada 07/26/2021 Republic $12,000,000 $1,832,019 SAFE Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

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.

Employee History

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Nada on Republic
Platform: Republic
Security Type: SAFE
Valuation: $12,000,000

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