Janover is raising more capital 🚀 🚀 🚀
Janover is raising more capital!
We love Republic and had an amazing experience here and aim to be back in the not-too-distant future. All things considered, we decided to run our new round on StartEngine and are excited to share it with you here.
Here are the facts:
Janover Ventures raised its first round on Republic. We match commercial real estate and business borrowers with the right lenders, making commercial financing… frictionless.
- Janover launched its all new lender and borrower facing software to its entire ecosystem of more than 1 million website users per year.
- We converted our FL LLC to a DE C Corp in preparation for this momentous raise!
- 2020 audited financials are in, and here’s the growth (2019 to 2020):
*Revenue grew from: $549,325 to $1,561,183 — Nearly 3X revenue representing 184% top line growth!
*Income from operations grew from: $102,830 to $393,388 — 282% growth!
*Net income grew from: $104,131 to $319,025 — 206% growth!
Yea, we’re one of those rare revenue generating, profitable startups. 🤑
- Q1 was the highest revenue quarter Janover's ever had! (using accrual accounting method, consistent with our audit)
- More than $1B (yes, billion dollars) in loans have been submitted to us through our new portal.
- More than a dozen banks and other lenders have been onboarded to the new lender portal in 2021.
- More than $180,000,000 in closed loans in 2020!
- And now we are offering common equity to investors for the first time... EVER.
That's it! You can learn more about our new round over on StartEngine.
Very (very) sincerely,
Blake Janover
Founder & CEO
Janover Ventures