Stacksource

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

CrowdLustro Research Report

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

Use of Proceeds

  • $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.

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

Research Reports

No reports have been submitted

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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

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