NYCE on Wefunder 2023 – KingsCrowd

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NYCE on Wefunder 2023 – KingsCrowd


Valuation Cap

$125,000,000

Reporting Date

01/03/2023

Chance of Max

Momentum

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Location

New York, New York

Trade

Actual Property & Development

NYCE, with a valuation of $125 million, is elevating funds on Wefunder. The corporate owns, develops, and operates condo buildings in NYC Metro, Philadelphia, and Washington DC and permits ladies and millennials of coloration to personal part of actual property portfolios. NYCE goals to convey over 100,000 millennials to co-own actual property with them and construct wealth for the era. NYCE has launched its app, Robinhood of actual property, with over 1.2 million customers throughout neighborhood members, subscribers, and buyers. Philip Michael based NYCE in January 2020. The present crowdfunding marketing campaign has a minimal goal of $50,000 and a most goal of $4 million. The marketing campaign proceeds shall be used for acquisitions, operations, salaries, and advertising and marketing.

Abstract Revenue and Loss Assertion

Income

$14,768,428

$5,340,296

COGS

$0

$0

Tax

$0

$0

 

 

Web Revenue

$-6,934,929

$-2,315,090

Abstract Steadiness Sheet

Money

$238,050

$467,961

Accounts Receivable

$0

$0

Whole Property

$8,908,809

$7,566,890

Brief-Time period Debt

$2,097,904

$1,212,787

Lengthy-Time period Debt

$40,509

$0

Whole Liabilities

$2,138,413

$1,212,787

Financials as of: 01/03/2023

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Increase Historical past

NYCE 04/30/2023 Wefunder $125,000,000 $0 SAFE
Lively
RegCF
NYCE 09/13/2021 Wefunder $50,000,000 $535,000 Fairness – Most popular
Funded
RegCF
NYCE 07/31/2020 Wefunder $25,000,000 $727,175 SAFE
Funded
RegCF

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