Data / Crowdfunding / California / Rental Marketplace, LLC
Rental Marketplace, LLC: crowdfunding raise on Wefunder Portal LLC, $50,000 to $1,000,000 (2017)
Rental Marketplace, LLC, a limited liability company in Sherman Oaks, CA, filed a Form C with the SEC on August 9, 2017 to raise $50,000 to $1,000,000 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on August 18, 2017. In its most recent fiscal year it reported $1,124 in revenue and a net loss of $267,072, with 2 employees.
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- Website
- www.rentus.com
- Funding portal
- Wefunder Portal LLC
- Address
- 14431 Ventura Blvd. # 232, Sherman Oaks, CA 91423
- Legal form
- Limited Liability Company
- Jurisdiction
- DE
- Incorporated
- July 6, 2015
- SEC CIK
- 0001701252
Offering terms
From the amendment filed August 9, 2017.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $1,000,000
- Deadline
- August 18, 2017
- Portal compensation
- 4.0% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.
Financials
From the Form C-AR filed April 27, 2018.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,124 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-267,072 | $-343,969 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $205,993 | $321,426 | sec.gov |
| Cash | $36,975 | $10,497 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $18,264 | $14,125 | sec.gov |
| Long-term debt | $150,000 | $150,000 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 27, 2018 | Annual report | Not listed | Not listed | sec.gov | ||
| September 26, 2017 | Progress update | $50,000 | $1,000,000 | August 18, 2017 | $137,398.00 in investments. Payments are still being processed; final number is yet to be determined. | sec.gov |
| August 9, 2017 | Amendment | $50,000 | $1,000,000 | August 18, 2017 | Changed deadline date, include video transcripts, and updated business plan. | sec.gov |
| April 24, 2017 | Offering | $50,000 | $1,000,000 | October 18, 2017 | sec.gov |
Updated April 27, 2018. Read from SEC EDGAR. Public domain (U.S. government work). Financials are as each company reported them in its Form C, unaudited unless the filing says otherwise. Websites are the ones the companies declared to the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.