Reental

Reental

Early Stage

Tokenizing the $300tn real estate market, one property at a time.

Tokenizing the $300tn real estate market, one property at a time.

Overview

Raised to Date: Raised: $103,292

Total Commitments ($USD)

Platform

Republic

Start Date

03/25/2024

Close Date

07/18/2024

Min. Goal
$50,000
Max. Goal
$1,235,000
Min. Investment

$300

Security Type

SAFE

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$42,000,000

Discount

20%

Rolling Commitments ($USD)

Status

Active

Reporting Date

04/15/2024

Days Remaining

93

% of Min. Goal

207%

% of Max. Goal

8%

Likelihood of Max
unlikely
Avg. Daily Raise

$4,919

# of Investors

83

Momentum
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Year Founded

2023

Industry

Real Estate & Construction

Tech Sector

Fintech

Location

Miami, Florida

Reental, with a valuation of $42 million, is raising funds on Republic. The company has developed a real estate investing platform for tokenized real estate investing. Reental is disrupting real estate investment with its 57 projects and 15,000 users in 78 countries. The business helps in personalized investments and monthly passive outcomes and has been featured in Forbes, Expansion, EI Economista, and Cointelegraph. Eric Fernando Sanchez Galvez founded Reental in February 2023. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.24 million. The campaign proceeds will be used for growth and expansion.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$412,817

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-426,610

$0

Summary Balance Sheet

FY 2023 FY 2022

Cash

$231,587

$0

Accounts Receivable

$166,719

$0

Total Assets

$7,137,001

$0

Short-Term Debt

$40,576

$0

Long-Term Debt

$7,424,676

$0

Total Liabilities

$7,465,252

$0

Financials as of: 03/25/2024
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Reental on Republic 2024
Platform: Republic
Security Type: SAFE
Valuation: $42,000,000

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