Nuu Rez on TruCrowd

Nuurez--A Totally New Approach To Real Estate

Raise to date: $110,203

Reporting Date: 05/27/2020

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SEC Filing Data from Kingscrowd

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.

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