Warehouse Exchange
About this raise: Warehouse Exchange, with a valuation of $20 million, is raising funds on StartEngine. The company has developed a tech-driven platform to connect renters with warehouse owners. Warehouse Exchange provides quick and flexible warehousing solutions for users to match their business needs and helps warehouse owners monetize their underutilized spaces. The business has over 18 million square feet listed across 35 states and generated $3.2 million in revenue in 2023. Dan Pimentel and Jonathan Rosenthal founded Warehouse Exchange in July 2016. The current crowdfunding campaign has a minimum target of $124,000 and a maximum target of $1.24 million. The campaign proceeds will be used for marketing, research and development, and inventory.
Investment Overview
Committed : $95,738
Deal Terms
Total Commitments ($USD)
- Platform
- StartEngine
- Start Date
- 12/30/2024
- Close Date
- 03/23/2025
$124,000
$1,235,000
$500
Convertible Note
Seed
RegCF
$20,000,000
20%
Company & Team
Company
- Year Founded
- 2016
- Industry
- Business Services, Software, & Applications
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +27% YoY
- $3,083,020
- Monthly Burn
- $177,867
-
Runway
- 1.5 months
- Gross Margin
- 36%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $10,400,000
- VC Backed?
- Yes
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 03/23/2025 | StartEngine | $20,000,000 | $95,738 | Convertible Note | Active | RegCF |