Vendaval
About this raise
Vendaval, with a pre-money valuation of $20 million, is raising funds on Mr Crowd. The company is developing two acres of 94 residential units and other commercial facilities like entertainment facilities and restaurants to support these residential units in Santa Ana, California. Most of the 94 units will be pre-leased before the start of construction, and the facility will be operational within two years of the start of construction. Vendaval was founded by Nadim Nick Saifan Jr. in April 2019. The current round of crowdfunding has a minimum target of $50,000 and a maximum target of $1,070,000, and the proceeds will be used to hire the pre-construction team and to acquire and develop the property. Vendaval aims to build a differentiated and comfortable community with excellent services for youth, adults, and veterans. The commercial part will house a laundry facility, UPS store, education centre, fast food restaurant, gym facility, and a medical facility.
Investment Overview
Not Funded: $10,840
Deal Terms
Company & Team
Company
- Year Founded
- 1969
- Industry
- Real Estate & Construction
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- High
- Business Type
- Life Style
- Company Website
-
Visit Website
Upgrade to gain access
-
$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
Edge
Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
12/31/2020 | Mr. Crowd | $20,000,000 | $10,840 | Equity - Preferred | Not Funded | RegCF |