RedSwan CRE

About this raise: RedSwan CRE is raising funds on Mundial Financial Group. It is a blockchain-powered commercial real estate marketplace that allows investors to invest in off-market commercial real estate properties. RedSwan CRE makes commercial real estate investing more affordable and liquid through digital asset CRE tokens. The platform is led by an experienced team and has already tokenized over $2 billion worth of commercial real estate properties. Edward Nwokedi, Roy Malkin, and Don Oparah founded RedSwan CRE in February 2018. The current crowdfunding campaign has a minimum target of $200,000 and a maximum target of $5 million. The campaign proceeds will be used for team development, marketing, business development, proprietary technology, and legal and administrative expenses.

Investment Overview

Funding data not publicly available

Deal Terms
Company & Team

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Platform: Mundial Financial Group
Start Date: 10/04/2023
Close Date: 04/29/2024

Min. Goal
$200,000

Max. Goal
$5,000,000

Min. Investment

$500

Security Type

Equity - Common

Series

Series A

SEC Filing Type

RegCF

Price Per Share

$20.00

Pre-Money Valuation

$144,789,360

Company

Year Founded: 2018
Industry: Real Estate & Construction
Tech Sector: Proptech
Distribution Model: B2C
Margin: Medium
Capital Intensity: Low
Location: Houston, Texas
Business Type: Growth
Company Website: Visit Website

Team

Employees: 5
Prior Founder Exits?: No

Founder Name: Edward Nwokedi
Title: CEO

Founder Name: Roy Malkin
Title: COO

Founder Name: Don Oparah
Title: CTO

Funding data not publicly available

Financials

as of Fiscal Year 2022

Revenue -63.3% YoY: $260,813
Monthly Burn: $60,668
Runway: 13.6 months
Gross Margin: 65%

View Detailed Financials

Summary Profit and Loss Statement

	FY 2022	FY 2021
Revenue	$260,813	$709,870
COGS	$91,364	$39,828
Tax	$0	$0


Net Income	$-728,020	$200,024

Summary Balance Sheet

	FY 2022	FY 2021
Cash	$824,470	$834,768
Accounts Receivable	$0	$0
Total Assets	$1,108,702	$883,512
Short-Term Debt	$83,697	$44,205
Long-Term Debt	$52,951	$55,035
Total Liabilities	$136,648	$99,240

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Ratings

Total Prior Capital Raised: $1,736,500
VC Backed?: No

Close Date	Platform	Valuation	Total Raised	Security Type	Status	Reg Type
04/29/2024	Mundial Financial Group	$144,789,360	-	Equity - Common	Funded	RegCF
12/23/2021	SeedInvest	$55,000,000	$1,310,779	Equity - Preferred	Funded	RegCF / RegD 506(c)

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Revenue
Valuation
Price per Share
Employees

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

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View on Mundial Financial Group

Common Stock, $144.8M • Closed

5 Following

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12 Invested

Deal Considerations

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RedSwan CRE

RedSwan CRE