Next Door Photos

Next Door Photos

A real estate photography company with 40+ locations making an impact globally

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Security Type
Equity
Categories
Other
Min Investment
$8
Offering Date
March 20, 2020
Expected Close Date
June 18, 2020
Target Raise
$100.00K-$500.00K
Deal Notes

$8.00 per share

Valuation
$8,000,000

Company Description

Next Door Photos (NDP) is a rapidly growing real estate marketing company that partners with entrepreneurs to create businesses that serve realtors locally, while providing sustainable jobs for vulnerable, rescued, and underserved populations globally. NDP has 300+ editing teammates in the Philippines, Kenya, and Nepal that supply 40+ locations in North America.

Key Deal Facts

PROVEN TRACTION - 2019 revenue of $2.06M with revenue doubling YoY for 4 consecutive years.
SCALABLE PLATFORM - NDP executed 27,000+ photo shoots in 2019, editing an average of 72,000 photos per month.
VERIFIED IMPACT - NDP is a Certified B Corp that verifies their commitment to social and environmental sustainability.
PROVEN MODEL - NDP partners with entrepreneurs through a shared ownership model to launch locations that can grow to $1M revenue in 7 years
GLOBAL GROWTH - NDP has 300+ editing partners in the Philippines, Kenya, and Nepal that supply 40+ locations in North America

Use of Proceeds

If $100,000 is raised:

10% Marketing (Copy Writer), 40% Growth Team Addition (Regional Director), 42.5% Working Capital (Day to Day Operations), 7.5% Intermediary Fee

If $500,000 is raised:

10% Marketing (Copy Writer, Content Creation), 40% Growth Team Addition (Regional Directors, Sales Director), 10% New Product Development (Expand Listing Media Offering), 32.5% Working Capital (Day to Day Operations), 7.5% Intermediary Fee

Management Team / Advisory Board Bios

Paul VanderKuyl
Co-Founder & CEO
> 20+ years in leadership roles in manufacturing organizations > Specializes in systems, workflow development and scaling businesses > Mechanical Engineering Degree

Taylor Blom
Co-Founder & CRO
> 8+ years leading Real Estate Photography companies > Specializes in sales, marketing, and creating healthy culture > Communications Degree

Deal Notes

$8.00 per share

Amount Raised : $366,864
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Security Description

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