Devin Davies, founder and CEO of Office Exchange, discloses the current inventory size of his commercial real estate marketplace to Nathan Latka.
0:00 / 0:05exact quote · 5.5s
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“So we've got about 50 to a hundred different listings on the platform currently, and we're growing.”
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More from Devin Davies
Disclosure
Office Exchange charges a 9.5% guest fee and zero host fees
“So we take a simple 9.5% fee on the guest side of the fence. So when you actually complete a transaction on the platform, it's just a simple 9.5% fee. So once again, no cost to be on the platform.”
Devin DaviesMay 21, 2022▶ 13:44Is there room for another Breather? $800k raised on rolling $10m valuation Seed
Disclosure
Office Exchange confirms current seed round valuation is around $10M
“Our evaluation is correct.”
Devin DaviesMay 21, 2022▶ 17:07Is there room for another Breather? $800k raised on rolling $10m valuation Seed
Disclosure
Davies: Office Exchange moved headquarters from Denver to Birmingham after funding
“So we're actually, we've moved our headquarters to Birmingham, Alabama from Denver. And so we, we've, the company was founded in Denver, Colorado, and then we moved the headquarters actually out to Birmingham after our VC backing.”
Devin DaviesMay 21, 2022▶ 8:46Is there room for another Breather? $800k raised on rolling $10m valuation Seed
Disclosure
Office Exchange raised $140,000 pre-seed round in 2021
“In 2021, we raised about a 140,000 dollars initially from friends and family through our
Initial pre-seed round.”
Devin DaviesMay 21, 2022▶ 15:40Is there room for another Breather? $800k raised on rolling $10m valuation Seed
Disclosure
Davies: Office Exchange has raised roughly $950k total to date
“To date raise just under a million dollars, so about 950,000.”
Devin DaviesMay 21, 2022▶ 16:16Is there room for another Breather? $800k raised on rolling $10m valuation Seed
Disclosure
Office Exchange priced 2021 pre-seed round at $5M valuation
“So we chose to use a five million valuation at that pre-seed prior.”
Devin DaviesMay 21, 2022▶ 17:16Is there room for another Breather? $800k raised on rolling $10m valuation Seed
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