RealtyFeed

RealtyFeed

[Closed for Investment] RealtyFeed, with a valuation cap of $20 million, is raising funds on Republic. The company has developed a real estate social network for the next generation. The app combines the real estate market and communication into one platform and empowers real estate professionals. Ali Attar and Giselle Abadi founded RealtyFeed in 2011. The current crowdfunding round has a minimum goal of $25,000 and a maximum goal of $1,070,000, and the funds will be used to develop the phase two features and launch the app in the US and Canadian real estate markets. RealtyFeed has been profitable for three years and has generated $6.5 million in revenue to date. The company has partnerships with over 200 real estate associations with more than 1.6 million members.

Expand

Investment Overview

Raised this Round: Raised: $57,935

Deal Terms

Total Commitments ($USD)

Platform
Republic
Start Date
12/31/2020
Close Date
04/30/2021
Min. Goal
$25,000
Max. Goal
$1,070,000
Min. Investment

$250

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$20,000,000

Discount

20%

Company & Team

Company

Year Founded
2011
Industry
Real Estate & Construction
Tech Sector
Proptech
Distribution Model
B2B2C
Margin
Medium
Capital Intensity
Low
Location
Newark, Delaware
Business Type
Growth
Company Website
Visit Website

Team

Employees
8
Prior Founder Exits?
No
Founder Name
Ali Attar
Title
CEO
Founder Name
Giselle Abadi
Title
CTO

Financials

 Revenue +45% YoY
$999,699
 Monthly Burn
$15,194
 Cash on Hand
$7,363

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$999,699

$689,411

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-182,324

$7,200

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$7,363

$83,026

Accounts Receivable

$0

$0

Total Assets

$207,363

$333,026

Short-Term Debt

$214,690

$165,070

Long-Term Debt

$7,041

$0

Total Liabilities

$221,731

$165,070

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

Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/30/2021 Republic $20,000,000 $57,935 SAFE Funded 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
RealtyFeed on Republic
Platform: Republic
Security Type: SAFE
Valuation: $20,000,000

Follow company

Follow RealtyFeed on Republic

Buy RealtyFeed's Deal Report

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

RealtyFeed Deal Report

Get Kingscrowd's comprehensive report on RealtyFeed including:

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

Buy the RealtyFeed deal report for only $10!

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