Noad
About this raise
Noad, with a valuation of $3 million, is raising funds on Wefunder. The company has developed a platform that offers home exchange membership for remote workers and digital nomads. Noad enables people to avoid paying double rent when they travel by hosting other members when they are away and gaining access to other members’ homes without any cost. The platform uses a credit system wherein members earn credits when they are away from home and spend the credits to travel within the network. Jonah Wolf, Austin Laudenslager, and Tom Waugh founded Noad in April 2023. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $300,000. The campaign proceeds will be used for marketing, customer acquisition, personnel, hiring, mobile app development, and operational expenses.
Investment Overview
Invested $90,275 :
Deal Terms
Company & Team
Company
- Year Founded
- 2023
- Industry
- Travel and Hospitality
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- Low
Upgrade to gain access
-
$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
Edge
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $30,000
- VC Backed?
- No
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
01/31/2024 | Wefunder | $3,000,000 | $90,275 | SAFE | Funded | RegCF |