RedSwan CRE

RedSwan CRE

Growth Stage

Simplifying real estate investing

Simplifying real estate investing

Overview

Funding data not publicly available
Platform

Mundial Financial Group

Start Date

10/03/2023

Close Date

04/29/2024

Min. Goal
$200,000
Max. Goal
$5,000,000
Min. Investment

$500

Security Type

Equity - Common

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$20.00

Pre-Money Valuation

$144,789,360

Year Founded

2018

Industry

Real Estate & Construction

Tech Sector

Proptech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

Houston, Texas

Business Type

Growth

RedSwan CRE is raising funds on Mundial Financial Group. It is a blockchain-powered commercial real estate marketplace that allows investors to invest in off-market commercial real estate properties. RedSwan CRE makes commercial real estate investing more affordable and liquid through digital asset CRE tokens. The platform is led by an experienced team and has already tokenized over $2 billion worth of commercial real estate properties. Edward Nwokedi, Roy Malkin, and Don Oparah founded RedSwan CRE in February 2018. The current crowdfunding campaign has a minimum target of $200,000 and a maximum target of $5 million. The campaign proceeds will be used for team development, marketing, business development, proprietary technology, and legal and administrative expenses.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$260,813

$709,870

COGS

$91,364

$39,828

Tax

$0

$0

 

 

Net Income

$-728,020

$200,024

Summary Balance Sheet

FY 2022 FY 2021

Cash

$824,470

$834,768

Accounts Receivable

$0

$0

Total Assets

$1,108,702

$883,512

Short-Term Debt

$83,697

$44,205

Long-Term Debt

$52,951

$55,035

Total Liabilities

$136,648

$99,240

Financials as of: 10/03/2023
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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 Active 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

Funding data not publicly available

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RedSwan CRE on Mundial Financial Group 2023
Platform: Mundial Financial Group
Security Type: Equity - Common
Valuation: $144,789,360
Price per Share: $20.00

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