Nomad Stays opens A Pre-Seed Round Opens
It is with great excitement that Nomad Stays opens its first Pre-Seed SAFE round for investors.
Having bootstrapped for 4 years into 80+ countries it’s now time we expanded our business with help from investors.
We are now taking investment up to $1m (approx €910k) as a capped SAFE agreement (with investment from $5k)
Have a little look as to who’s behind Nomad Stays…
$1m round
Being the first investment round, we’ve structured this to take a moderate $1,000,000 investment with 50% of that planned to be spent on sales and marketing.
From $5k
The minimum investment for sophisticated investors is a low $5,000 and maximum of $1m.
SAFE – SIMPLE aGREEMENT for Future Equity
If you’re not familiar with SAFEs, you’ll find comfort in that this investment vehicle is most common early-stage investment product used by startups in the USA for the last 10 years.
SAFE stands for Simple Agreement for Future Equity and is most like a Convertible Note. Its a cash investment that gets converted to preferred share equity in future rounds.
Here is some background from Y-Combinator, the designers of the SAFE product.
https://www.ycombinator.com/documents
See what our Advisors think
Nomad Stays has partnered with Tell Your Startup for this round.
So, what do Tell Your Startup think of our business? Look at their analysis . . .
https://sumptuous-sassafras-680.notion.site/Nomad-Stays-Data-Room-21fc3c0a5faf4f17b09d3ceb9dc40718
Do you want in?
If you’d like to know more and be part of the early stage of Nomad Stays then contact Mark at Nomad Stays as soon as possible for the full pitch deck and investment documentation.
This is a first come, first served SAFE round.