Moonrock

Moonrock

Stellar Property Management

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Security Type
Crowd SAFE
Categories
Real Estate
Min Investment
$25
Location
Jonesboro, LA
Offering Date
April 23, 2021
Expected Close Date
August 21, 2021
Target Raise
$4.00K-$60.00K

Company Description

Moonrock is a mobile property management app for do-it-yourself (DIY) landlords. Landlords will have the ability to see a list of their properties, receive rent payments, and work orders. The tenants will be able to submit work orders, pay their rent, and send direct message to the landlord to voice any concerns about the property.

Key Deal Facts

Incorporated on 6/3/2019
Given a $1000 grant by the I-CORPS program at LSU
Given $5000 grant from the Delta I-Fund
Completed wire frames, next step is development

Use of Proceeds

  • Miventure listing fee
  • Product Developnment

Management Team / Advisory Board Bios

De'Shon Swatford, Cofounder
Bachelors degree in Electronic Tech from Grambling State University. Masters in Material Science & Engineering from Southern University. Interned for NASA Marshall Space Flight Center.

Monroe Willis, Cofounder
Bachelor degree in Electronic Engineering Tech from Grambling State University. Masters degree in Material Science & Engineering from Southern University. Interned with NASA at Langley Research Center . Currently working at NASA as a Material Engineer.
Amount Raised : $0
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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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