Nuu Rez

Deal to Watch
BETA

Nuurez--A Totally New Approach To Real Estate

Analytics

Raised to Date: $259,247

Aggregate Commitments $
Platform

TruCrowd

Start Date

01/02/2020

Close Date

11/30/2020

Min. Goal

$10,000

Max. Goal

$1,070,000

Min. Investment

$500

Security Type

Equity - Common

Funding Type

RegCF

Series

Pre-Seed

Pre-Money Valuation

$4,000,000

Weekly Commitments $
Status

Active

Reporting Date

09/23/2020

Days Remaining

66

% of Min. Goal

2,592%

% of Max. Goal

24%

Likelihood of Max
Avg. Daily Raise

$978

# of Investors

224

Momentum
Location
Industry

Real Estate & Construction

Tech Sector

MarketplaceTech

Distribution Model

B2C

Margin

High

Capital Intensity

High

Business Type

Life Style

Nuurez, with a pre-money valuation of $3.9 million, is raising funds on TruCrowd. The company is disrupting the real estate space by offering novel renting options. Nuurez platform allows users to not only rent residential properties but also list them on Airbnb and similar websites, even though they don’t own the property they are renting out. Thus, Nuurez serves both as an alternative residential solution and an income source. Nuurez was founded by Noelle Randall, a renowned real estate investor and entrepreneur. The current round of crowdfunding has a minimum target of $10,000 and a maximum target of $1,070,000, and the proceeds will be used towards staffing, marketing, product packaging, equipment, and events and travel. Nuurez deploys a simple business model of acquiring control of target properties and then partnering with affiliate investors to make the properties available.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-9,250

$0

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$2,000

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Ratings

last updated 09/24/2020

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Analyst Report

Deal to Watch
Ratings Platform - Beta Trial

Our new ratings and analytics platform is currently in Beta. To gain access to the Beta platform features, upgrade to a Pro paid account and accept the Beta terms on any page.

For a limited time, use coupon code "TRYMERLIN20" for a free 20 day trial of Kingscrowd Pro and Merlin Beta. Your paid subscription will activate at the end of 20 days. Cancel anytime.
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