NYCE Co.

Neutral
BETA

Own a piece of the skyline—and join a community of future millionaires

Analytics

Raised to Date: $727,175

Aggregate Commitments $
Platform

Wefunder

Start Date

04/13/2020

Close Date

07/31/2020

Min. Goal

$100,000

Max. Goal

$1,070,000

Min. Investment

$250

Security Type

SAFE

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$25,000,000

Discount Rate

20%

Weekly Commitments $
Status
Funded
Reporting Date

08/02/2020

Days Remaining
Funded
% of Min. Goal

727%

% of Max. Goal

68%

Likelihood of Max
Funded
Avg. Daily Raise

$6,671

# of Investors

835

Momentum
Funded
Location
Industry

Real Estate & Construction

Tech Sector

Fintech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Business Type

Life Style

NYCE, with a $25 million valuation cap, is raising funds on WeFunder. The company owns, develops, and operates apartment buildings in NYC Metro, Philadelphia, and Washington DC, and allows women and millennials of color to own a part of a $57 million real estate portfolio. NYCE aims to bring over 100,000 millennials to co-own real estate with them and build wealth for the generation. NYCE was founded by Philip Michael and Martin Braithwaite in January 2020. The current round of crowdfunding has a minimum goal of $100,000 and a maximum goal of $1,070,000, and the funds will be used towards marketing, business operations, technology, and property management. NYCE has a millions worth of projects under development and is led by an award-winning team of professionals.

Ratings

last updated 08/23/2020

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