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RedSwan CRE

Operating

RedSwan PC, INC

Real Estate · Founded 2018

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Blockchain commercial real estate marketplace

Post-money valuation ⓘ
$56.3M
As of Dec 2021 · from Reg CF Offering (2021) · pre-money + amount raised, not a traded price
Total raised
$3,927,958
Crowd $628K · Private $3.3M · 5 rounds since 2020
Latest share price
$6.40
Reg CF · Preferred Stock · Sep 2021 offering price

Financials

FY2019–FY2023 · from SEC filings · hover any figure for its source
$35K
−$128K
2019
$0
−$262K
2020
$710K
$200K
2021
$261K
−$708K
2022
$454K
−$542K
2023
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2019 audited
FY2020 audited
FY2021 audited
FY2022 audited
FY2023
Income statement
Revenue
$35,000
$0
$709,870
$260,813
$453,500
Cost of goods sold
$0
$0
$39,828
$91,364
$194,862
Gross margin
100%
—
94%
65%
57%
Net income
-$128,129
-$261,856
$200,024
-$708,020
-$541,724
Taxes paid
$0
$0
$0
$0
$0
Balance sheet
Cash
$88,326
$405,224
$834,769
$824,470
$255,099
Accounts receivable
$0
$0
$0
$0
$0
Total assets
$88,326
$405,224
$883,512
$1,108,702
$1,066,564
Short-term debt
$0
$61,263
$44,205
$83,697
$115,084
Long-term debt
$0
$67,489
$99,240
$216,244
$521,412
Total liabilities
$0
$128,752
$143,445
$299,941
$636,496
Other
Headcount
—
5
5
5
5

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$55.0M
pre-money
Reg CF · Preferred · Sep 2021

Blue bars are the pre-money valuation the company stated for a priced round.

Cap table

Principal holders% as the filing states it, Apr 26, 2024

  • Edward Nwokedi62.6%of company

Sold to the crowd

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Rule 506(c) · Equity · May 2024Closed
Raised $2MInvestors 2
Reg CF · Common Stock · Sep 2023Closedvia MUNDIAL FINANCIAL GROUP, LLC
Raised $0 / $5M
Reg CF · Preferred Stock · Sep 2021Closedvia SeedInvest
Raised $628K / $5MPost-money $56.3M
Rule 506(c) · Equity · Nov 2020Closed
Raised $1MInvestors 4

Team

2 people
Edward Nwokedi
CEO and CFO
Don Oparah
COO and Head of Technology

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Not requiredFewer than 300 holders of record

Filed 3 of 5 annual reports (FY2021–FY2025)

4 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

SEC filings

View all 9 filings on EDGAR
  • Form DMay 13, 20240001833027-24-000003
    EDGAR
  • Form C-ARApr 26, 20240001833027-24-000001
    EDGAR
  • Form C/AMar 1, 20240001644600-24-000014
    EDGAR
  • Form CSep 22, 20230001644600-23-000164
    EDGAR
  • Form C-ARSep 8, 20230001833027-23-000003
    EDGAR
  • Form C-ARSep 8, 20230001833027-23-000005
    EDGAR
  • Form C-UDec 16, 20210001833027-21-000003
    EDGAR
  • Form CAug 27, 20210001833027-21-000001
    EDGAR
Source: ManualCIK 0001833027Share price $20.00

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.