Nestease

Nestease

Open  for investment

About this raise

Nestease, with a valuation of $27 million, is raising funds on Wefunder. The company has developed a platform that delivers flexible home services. Nestease works on its patent-pending “end-to-end automation real-time service” model that helps the company deliver flexible, recurring, and on-demand home services, with lawn mowing services as its flagship product. The company launched its first MVP in September 2024, generated $50 in revenue in a week with five recurring users, launched its second MVP in December 2024, and signed up 25 users in three weeks. Rakesh V Nair founded Nestease in July 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $500,000. The campaign proceeds will be used for marketing and sales, legal and compliance, operations, software and infrastructure, employees, and setting up trucks.

Expand

Investment Overview

Committed this round: $66,650

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
02/19/2025
Close Date
04/30/2025
Min. Goal
$50,000
Max Goal
$1,000,000
Min. Investment

$100

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$24,300,000

Valuation Cap

$27,000,000

Discount

2%

Company & Team

Company

Year Founded
2020
Industry
Consumer Products, Goods & Services
Tech Sector
MarketplaceTech
Distribution Model
B2B2C
Margin
Medium
Capital Intensity
Low
Location
Glen Allen, Virginia
Business Type
Growth
Company Website
Visit Website

Team

Employees
1
Prior Founder Exits?
No
Founder Name
Rakesh Nair
Title
CEO

Financials

as of February 1, 2025
 Revenue
$0
 Monthly Burn
$6,500
 Runway
2.3 months

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-15,716

$-12,609

Summary Balance Sheet

FY 2023 FY 2022

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$13,021

$18,425

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /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
Already a member? Log in here.

Ratings Kingscrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars

Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/30/2025 Wefunder $27,000,000 $66,650 SAFE Active RegCF
Create a free account today to gain access to Kingscrowd analytics.
Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
Nestease on Wefunder 2025
Platform: Wefunder
Security Type: SAFE
Valuation: $27,000,000

Follow company

Follow Nestease on Wefunder 2025

Buy Nestease's Deal Report

Nestease Deal Report

Get Kingscrowd's comprehensive report on Nestease including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Nestease is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Nestease deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge