RedSwan CRE

[Closed for Investment] RedSwan CRE, with a valuation of $55 million, is raising funds on SeedInvest. It is a blockchain-powered commercial real estate marketplace that allows investors to invest in off-market commercial real estate properties. The platform makes commercial real estate investing more affordable and liquid through digital asset CRE tokens. RedSwan CRE has already tokenized over $2 billion worth of commercial real estate properties. Ed Nwokedi, Roy Malkin, and Don Oparah founded RedSwan CRE in 2018. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $5,000,000. The campaign proceeds will be used for underwriting and production, sales, marketing, and partnerships, operations, salaries, R&D, technology, and legal and professional expenses.

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Investment Overview

Raised this Round:
$669,266 - RegCF
$1,310,779 - Total

Deal Terms

Total Commitments ($USD)

Platform
SeedInvest
Start Date
09/17/2021
Close Date
12/23/2021
Min. Goal
$25,000
Max. Goal
$5,000,000
Min. Investment

$1,000

Security Type

Equity - Preferred

Series

Seed

SEC Filing Type

RegCF / RegD 506(c)    Open SEC Filing

Price Per Share

$6.40

Pre-Money Valuation

$55,000,000

Company & Team

Company

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

Team

Employees
9
Prior Founder Exits?
No
Founder Name
Edward Nwokedi
Title
CEO
Founder Name
Roy Malkin
Title
COO
Founder Name
Don Oparah
Title
CTO

Financials

 Revenue
$540,000
 Monthly Burn
$21,821
 Runway
18.6 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$35,000

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-261,856

$-128,129

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$405,224

$88,326

Accounts Receivable

$0

$0

Total Assets

$405,224

$88,326

Short-Term Debt

$61,263

$0

Long-Term Debt

$517,489

$0

Total Liabilities

$578,752

$0

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Company Funding & Growth

Funding history

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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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

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RedSwan CRE on SeedInvest 2021
Platform: SeedInvest
Security Type: Equity - Preferred
Valuation: $55,000,000
Price per Share: $6.40

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