QuantmRE
Get cash from home equity with no monthly payments, no interest, no added debt.
Overview
Raised: $181,144
Rolling Commitments ($USD)
10/03/2020
$1,313
637
2017
Financial & Insurance Products & Services
Fintech
B2C
Low
Low
Summary Profit and Loss Statement
Most Recent Year | Prior Year | |
---|---|---|
Revenue |
$8,006 |
$5 |
COGS |
$0 |
$0 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$-414,626 |
$-1,485,829 |
Summary Balance Sheet
Most Recent Year | Prior Year | |
---|---|---|
Cash |
$21,166 |
$159,816 |
Accounts Receivable |
$77 |
$77 |
Total Assets |
$179,827 |
$378,226 |
Short-Term Debt |
$211,337 |
$166,100 |
Long-Term Debt |
$724,700 |
$699,700 |
Total Liabilities |
$936,037 |
$865,800 |
Raise History
Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|---|
QuantmRE | 06/25/2023 | Republic | $15,000,000 | $165,594 | SAFE | Funded | RegCF |
QuantmRE | 04/20/2022 | Republic | $10,000,000 | $535,000 | SAFE | Funded | RegCF |
QuantmRE | 09/29/2020 | Republic | $8,000,000 | $181,144 | SAFE | Funded | RegCF |
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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Founder Profile
QuantmRE Founder Matthew Sullivan Talks Home Equity
Owning a home is often seen as a major way to build wealth and reap other financial benefits. However, home equity is an illiquid asset. Home-owners often have to go into debt to actually tap into the value of the property they already own.
QuantmRE is one of five companies looking to change that. By offering Home Equity Agreements, QuantmRE helps home-owners access the value of their homes without any monthly payments or interest. They also plan to create a secondary market exchange which would give everyday investors the ability to create portfolios based on these agreements. We talked to founder Matthew Sullivan about his vision for expanding the home equity investor base and where QuantmRE is headed.