NYCE (2020)

About this raise

NYCE, with a $25 million valuation cap, is raising funds on WeFunder. The company owns, develops, and operates apartment buildings in NYC Metro, Philadelphia, and Washington DC, and allows women and millennials of color to own a part of a $57 million real estate portfolio. NYCE aims to bring over 100,000 millennials to co-own real estate with them and build wealth for the generation. NYCE was founded by Philip Michael and Martin Braithwaite in January 2020. The current round of crowdfunding has a minimum goal of $100,000 and a maximum goal of $1,070,000, and the funds will be used towards marketing, business operations, technology, and property management. NYCE has a millions worth of projects under development and is led by an award-winning team of professionals. 0001807583

Expand

Investment Overview

Invested this round: $727,175

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
04/13/2020
Close Date
07/31/2020
Min. Goal
$100,000
Max Goal
$1,070,000
Min. Investment

$250

Security Type

SAFE

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$25,000,000

Discount

20%

Company & Team

Company

Year Founded
2020
Industry
Real Estate & Construction
Tech Sector
Fintech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Location
New York, New York
Business Type
Life Style
Company Website
Visit Website

Team

Employees
5
Founder Name
Philip Michael
Title
CEO
Founder Name
Martin Braithwaite
Title
Co-Founder

Financials

 Revenue
$0
 Cash on Hand
$0

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

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.

Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
02/28/2023 Wefunder $125,000,000 $328,817 SAFE Funded RegCF
09/13/2021 Wefunder $50,000,000 $535,000 Equity - Preferred Funded RegCF
07/31/2020 Wefunder $25,000,000 $727,175 SAFE Funded RegCF
Create a free account today to gain access to Kingscrowd analytics.

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

Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
NYCE Co. on Wefunder
Platform: Wefunder
Security Type: SAFE
Valuation: $25,000,000

Follow company

Follow NYCE Co. on Wefunder

Buy NYCE's Deal Report

Warning: according to the close date for this deal, NYCE may no longer be accepting investments.

NYCE Deal Report

Get Kingscrowd's comprehensive report on NYCE including:

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

Buy the NYCE deal report for only $10!

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