RedSwan CRE

RedSwan CRE

Growth Stage

Blockchain Commercial Real Estate Marketplace

Blockchain Commercial Real Estate Marketplace

Overview

Raised to Date:
$669,266 - RegCF
$1,310,779 - Total

Total Commitments ($USD)

Platform

SeedInvest

Start Date

09/16/2021

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

Rolling Commitments ($USD)

Status
Funded
Reporting Date

12/30/2021

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$6,900

# of Investors

533

Momentum
Funded
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Year Founded

2018

Industry

Real Estate & Construction

Tech Sector

Proptech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Houston, Texas

Business Type

Growth

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.

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

Financials as of: 09/16/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
RedSwan CRE 04/28/2024 Mundial Financial Group $144,789,360 - Equity - Common Funded RegCF
RedSwan CRE 12/22/2021 SeedInvest $55,000,000 $1,310,779 Equity - Preferred Funded RegCF / RegD 506(c)
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

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.

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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