InTheMarket

InTheMarket

On-boarding the entire commercial real estate leasing process to the cloud

Print
View on Republic
Security Type
Crowd SAFE
Categories
Real Estate
Min Investment
$250
Location
New York, NY
Offering Date
February 09, 2021
Expected Close Date
April 30, 2021
Target Raise
$25.00K-$1.07M
Deal Notes

Discount: 20%

Company Description

Vision GO-TO-MARKET STRATEGYROADMAPEXIT STRATEGYInTheMarket is uniquely positioned in between the two leading PropTech companies in the leasing space, Costar and VTS valued at approximately $30 billion and $1 billion, respectively. As ITM accumulates market share, and introduces one of a kind software at a lower cost, a growing number of PropTech companies will look to ITM to further bolster their service offerings. Further, FinTech companies will have an interest in ITM for its vast data and that data’s application in the financial markets.

Key Deal Facts

Founding team has combined 50+ yrs commercial real estate (CRE) experience
First of its kind SaaS platform & marketplace for CRE brokers and landlords
Industry's first interactive deal room for brokers and landlords
ITM Chat connects industry stakeholders like never before
Empowers users with predictive analytics through AI & machine-learning
Accelerates leasing process and reduces downtime
Salesforce & other third-party integration connects the enterprise

Management Team / Advisory Board Bios

Steven Renbaum
Founder

Michael Taxin
COO

Vibhor Gupta
SVP Engineering

Deal Notes

Discount: 20%

Amount Raised : $77,001
Reveal the Score by Voting
＿
Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
ⓘ
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
ⓘ
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
ⓘ
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
ⓘ
The value of the company compared to similar companies raising money from investors.
Valuation

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.

Research Reports

No reports have been submitted

Become a Reporter
Read Our Research Disclaimer

0 Comments

Post Comment