Stacksource
StackSource is a growing commercial real estate financing portal with more than $2 Million of revenue, poised to change the real estate finance industry.
- Min investment
-
$100
- Goal
-
$1,000M-$1M
- Days Left
-
378
- Location
-
Newark, NJ
- Security Type
-
SAFE
A SAFE is an agreement between you—the investor—and the company in which the company promises to give you a future equity stake based on the amount you invested. It also involves some kind of a triggering event that must take place in order for you to get your future equity stake. Be careful as you may only get equity if a particular event is triggered. - Industry
- General
- Filed
- February 11, 2021
- Expires
- April 30, 2022
- Valuation Cap
- $13.8M
- Deal Structure
-
Price Per Share: $1.00
- $1,000,000 (30%) Hire two full-time, front-end software engineers offshore to implement new functionality in our web app. (15%) Hire one full-time User Experience Lead in the US to lead the design strategy of our technology. (20%) Hire one President of Capital Advisory to manage the growing team of Capital Advisors. (25%) Hire three full-time analysts to underwrite financing requests and help the Capital Advisors leverage their time. (2.5%) Pay legal, accounting, and (7.5%) Wefunder platform fees related to fundraising activities.
- $1,070,000 (30%) Hire two full-time, front-end software engineers offshore to implement new functionality in our web app. (15%) Hire one full-time User Experience Lead in the US to lead the design strategy of our technology. (20%) Hire one President of Capital Advisory to manage the growing team of Capital Advisors. (25%) Hire three full-time analysts to underwrite financing requests and help the Capital Advisors leverage their time. (2.5%) Pay legal, accounting, and (7.5%) Wefunder platform fees related to fundraising activities.
CrowdLustro Research Report
Use of Proceeds
Management
Tim Milazzo Co-founder & CEO
Former Google & Facebook employee from a real estate family
Nathan Wall Co-founder & CTO
Javascript industry speaker, former Google engineer
Former Google & Facebook employee from a real estate family
Nathan Wall Co-founder & CTO
Javascript industry speaker, former Google engineer
Key Deal Facts
StackSource has already closed over 100 real estate loans across 28 states; $2 Million+ revenue
Backed by Techstars, Newark Venture Partners, and real estate industry executives
Market Size: $600 Billion of commercial mortgages were originated in the US in 2019
All-time lending volume recently surpassed $250 Million
Real estate investors are increasingly looking online for financing
Patent-pending browser extension technology will redefine the search for real estate acquisitions