4URSPACE

4URSPACE

Collaboration & Marketplace App to organize tenant space build-outs and renovations4URSPACE is a Marketplace and Collaboration App that enables teams building out commercial spaces to communicate and collaborate across multiple projects in real time.4URSPACE was born out of the belief that there is a fundamentally better way for clients, vendors, and professionals to collaborate when building or renovating commercial spaces, rather than the current inefficient and disorganized process.Currently, each team exchanges approximately 100,000  messages, files, photos, and tasks...

Security Type
SWIFT
Industry
General
Min Investment
$1,000
Location
New York, NY
Min Raise
$350,000
Offering Date
November 13, 2020
Max Raise
$1,000,000
Expected Close Date
January 29, 2021
Amount Raised
$95,700
Deal Notes

Conversion Discount: 20.0%

Interest Rate: 6.0% Note term: 24 months

Use of Proceeds

  • Customer Acquisition
  • Product Development
  • Operating Expenses

Management

Stefano Sanchini
CEO
20+ years in Real Estate, Project Management and Construction. Worked as Director of Store Planning for MaxMara and Prada.

Ori Klein
CTO
25+ years experience as technology officer for various startups and corporations in the real estate industry like Ollie (Co-Living) and Buyside (RE Marketplace).

Research Reports

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Security Description

A SWIFT (Simple Weighted Incentive For Time) is a term SeedInvest uses to describe offerings that add an incentive or “time-based discounts” for early investors.

Key Deal Facts

Current users include Swarovski and the LVMH group (with brands such as Dior, Fendi, and Guerlain), where the company is in discussions to convert these users into paying, premium customers
4URSPACE has 6,000+ registered national and international users and 20,000+ projects created on their platform
Leadership team has decades of experience in real estate and technology and has new hire for SVP Marketing and Business
4URSPACE app enables collaboration with group video calling and live streaming as well as a marketplace of professionals for construction and renovation projects

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