Nada

Fintech platform unlocking the $35T home equity market
Austin, Brooklyn, Dallas

About Nada

Nada is an award-winning fintech platform on a mission to unlock the wealth trapped within the $35 trillion home equity market for homeowners and investors. The platform enables homeowners to tap equity without taking on debt—via Home Equity Investments (HEIs)—and provides investors direct exposure to the HEI asset class through their managed funds found at www.homeshares.co.

We are the first to combine institutional-grade origination with a direct-to-consumer investment platform, positioning Nada as the infrastructure layer for the next major category in consumer finance.

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Problem statement

The challenge lies in the illiquidity of home equity, which confines homeowners to limited options like taking on more debt or selling their homes to access their trapped equity. Simultaneously, individual investors seek more capital-efficient and less volatile alternatives to traditional investments like stocks or alternatives like crypto or single-family rentals.

Nada is a Home Equity Investment ("HEI") platform

HEI Originator
Nada originates home equity investments, which provide homeowners an alternative option to access their home equity without the burden of added debt or monthly payments.

HEI Asset Manager
Nada is the first company qualified by the SEC to offer HEI investment products to individuals. Individual investors can invest in a top city’s home equity market through its U.S. Home Equity Fund.

What is an HEI?
HEIs are lien-secured agreements where homeowners receive cash upfront in exchange for a share of their homes future value

Traction Metrics

Traction information

As of Q1 2025
- Homeowner demand up to >$8M/month as of April '25
- Closed $3M venture debt facility with Nomura; established strategic partnership (Feb '25)
- Launched new DTC investment platform Homeshares.co and US Home Equity Fund (Feb '25)
- Closed $25M credit facility for their Funds with Kawa Capital to grow AUM and continued scale of originations off-balance sheet (Oct '24)
- $1.3M in 2024 revenue (+74% YoY) with consistent QoQ growth since Q3 2023
- Became the first SEC-Qualified investment platform for HEIs (2022)

Milestones

February 2025

Closed $3M venture debt facility with Nomura; established strategic partnership

October 2024

$25M Credit Facility Term Sheet

Secured term sheet for $25mm credit facility to serve as leverage to our Cityfunds real estate investment funds – will accelerate our HEI originations and AUM growth rate in 2024. Closing on the facility in early September and launching soon

March 2024

$10M Cityfunds AUM

$10M Cityfunds AUM

March 2024

Secured Term Sheet for a $100M facility from a Bank

3/22/2024 – After a couple of months of diligence, we have obtained a full term sheet from a bank for a Home Equity Contract financing credit facility with securitization as an exit. This is a substantial milestone for Nada; now that we have secured access to institutional capital, we can scale quickly. This term sheet represents an additional $10M+ revenue for Nada – additive to our forecasted growth from Cityfunds.

March 2024

Announced national partnership with EOS Solar (enabling homeowners to finance solar without debt)

Announced national partnership with EOS Solar (enabling homeowners to finance solar without debt)

https://www.kxan.com/business/press-releases/ein-presswire/694452380/nada-and-eos-loan-team-up-to-make-solar-and-home-improvement-financing-more-accessible/

New Partnership Aims to Provide $50M monthly in Home Equity Investments for Solar and Home Improvement Projects.

January 2024

$8M in Cityfunds AUM

$8M in Cityfunds AUM

January 2024

3X Revenue Growth

Grew revenue by over 300% from Q1-2023 to Q4-2023 – exited 2023 with a forward ARR of >$1.2M

Forecasting $4M+ in 2024 revenue

December 2023

20k+ users on platform

20k+ users on platform

November 2023

Wins Benzinga's 2023 Best Alternative Investment Platform

August 2023

10k+ users on platform

10k users joined the Nada platform – while staying below $40 in CAC (marketing cost per user)

August 2023

>$6M in Cityfunds AUM

Reached over $6mm in Cityfunds AUM (since launch in October)

January 2023

Finalist for Dallas Innovator of the Year (2x)

Finalist for 2023 Dallas Innovator of the Year

January 2023

Nominated for EY Entrepreneur of the Year Award

Nominated for the 2023 EY Entrepreneur of the Year Award

December 2022

$1.6M in HEI Originations

$1.6M in HEI Originations since channel launch in Aug 2022

October 2022

Cityfunds by Nada app released to Apple and Google app stores

Cityfunds by Nada app released to Apple and Google app stores

September 2022

SEC-Qualified to offer Cityfunds direct to retail investors

SEC-Qualified to offer Cityfunds direct to retail investors for $70mm per rolling 12-month period

August 2022

Funded first Homeshare

Funded first Homeshare

June 2022

$5mm raised -- Seed priced equity round (Early traction)

$5mm raised as a priced equity round, led by LiveOak Venture Partners with co-investments from Revolution, Capital Factory, Sweater, 7BC Ventures, and a few others.

January 2022

Finalist for Dallas Innovator of the Year

Finalist for 2022 Dallas Innovator of the Year

October 2021

$3.4mm raised -- pre-Seed (on MVP)

$3.4mm raised as a pre-Seed round from individuals and syndicate funds on a SAFE note. Early team and MVP.

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Funding

Currently raising capital

$4,500,000
committed
$6,000,000
round goal
Total raised to date:$12,000,000
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