Vendaval

Vendaval

Closed: Dec. 2020

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.

Expand

Investment Overview

Not Funded: $10,840

Deal Terms

Total Commitments ($USD)

Platform
Mr. Crowd
Start Date
08/21/2019
Close Date
12/31/2020
Min. Goal
$50,000
Max Goal
$1,070,000
Min. Investment

$100

Security Type

Equity - Preferred

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.40

Pre-Money Valuation

$20,000,000

Company & Team

Company

Year Founded
1969
Industry
Real Estate & Construction
Tech Sector
Proptech
Distribution Model
B2C
Margin
High
Capital Intensity
High
Business Type
Life Style
Company Website
Visit Website

Team

Employees
1
Founder Name
Nadim Nick Saifan Jr.
Title
Chairman

Financials

 Revenue
$0
 Monthly Burn
$5,333
 Runway
0.2 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-64,000

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$1,000

$0

Accounts Receivable

$0

$0

Total Assets

$1,000

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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
12/31/2020 Mr. Crowd $20,000,000 $10,840 Equity - Preferred Not 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
Vendaval on Mr. Crowd
Platform: Mr. Crowd
Security Type: Equity - Preferred
Valuation: $20,000,000
Price per Share: $0.40

Follow company

Follow Vendaval on Mr. Crowd

Buy Vendaval's Deal Report

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

Vendaval Deal Report

Get Kingscrowd's comprehensive report on Vendaval including:

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

Buy the Vendaval deal report for only $10!

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