ample foods

ample foods

Unlocking the world's opaque markets

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Security Type
Crowd SAFE
Categories
Service Businesses
Min Investment
$100
Location
San Francisco, CA
Offering Date
August 07, 2020
Expected Close Date
November 07, 2020
Target Raise
$25.00K-$1.07M
Deal Notes

Discount: 0%

Company Description

The investment world is starving for yield. The U.S. housing market is desperately in need of more inventory. And AlphaFlow is building the platform to connect these titan industries, bringing together two of the largest markets on the planet. On one side of our business, we are tapping $600 billion of real estate debt that gets done outside of banks every year, starting with the $75B fix-and-flip market. On the other side, we have some of the world’s best institutional investors coming to us to access these loans, which they’d love to invest in but the industry is too fragmented for them to participate. AlphaFlow solves that with our software, which creates a platform for these lenders to run their businesses and makes selling their loans seamless. Lenders get the capital they need to grow their businesses, and investors get access to this asset class in a modern, technology-driven way. The end result is that we’re now a leading platform for institutions to invest online in real estate debt.

Key Deal Facts

Institutional investors already signed to buy $1B+ of AlphaFlow loans
Curated partnerships w/ best-in-class lenders across 40+ states
Production volume expect to hit $100M/month by early 2021
Powered by $11M raised from top VCs and mortgage market leaders

Use of Proceeds

If minimum is raised:

  • Engineering, Research & Development: 60%
  • Marketing: 10%
  • Sales: 20%
  • General Working Capital: 4%
  • Intermediary Fees: 6%

If maximum is raised:

  • Engineering, Research & Development: 40%
  • Marketing: 15%
  • Sales: 34%
  • General Working Capital: 5%
  • Intermediary Fees: 6%

Management Team / Advisory Board Bios

Ray Sturm - Founder
Nathan Scharfe - VP of Product Development

Deal Notes

Discount: 0%

Amount Raised : $774,164
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Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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