# NestEgg Online

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nestegg-online

- Industry: Software
- Headquarters: Chicago, US
- Website: www.nestegg.rent
- Total disclosed funding: $9.8M
- Latest round: Series A (Nov 18, 2020)
- Investors on record: 6

## About

NestEgg Online Inc. is a property management company that specializes in providing rental solutions and management services primarily for real estate investors and landlords, ensuring efficient and streamlined property oversight.Founded in 2017 and headquartered in Chicago, US, NestEgg Online Inc. provides rental management services targeting property owners. The company has completed 5 deals to date and recently raised USD 7.00 mn in its Series A funding round, led by Hyde Park Venture Partners and supported by investors like BAM Ventures and Restive Ventures. Eachan Fletcher serves as both CEO and co-founder, with a background in real estate technology ventures.NestEgg Rentals specializes in comprehensive property management services and rental solutions for real estate investors and landlords. Their core offerings consist of property management, tenant placement, lease administration, and maintenance coordination. The service portfolio is designed to simplify the complexities of managing rentals, catering to residential landlords, commercial owners, and vacation rental hosts across various U.S. markets, including Massachusetts, Maryland, Iowa, New Hampshire, New Mexico, Arizona, and Texas.NestEgg Rentals generates revenue primarily through service fees associated with property management and tenant placement. Clients engage through service agreements that outline management services, which may include monthly management fees based on rental income and additional charges for tenant placement or maintenance services. This pricing structure is flexible, accommodating both individual landlords and larger investment firms, ensuring a consistent revenue stream through direct payments.NestEgg Online Inc. plans to enhance its service offerings with new products designed to improve property management efficiency, although specific product launches and release dates are not yet disclosed. The company is also targeting expansion into additional urban and suburban markets across the United States, with a focus on areas exhibiting high rental demand. Recent funding, including an undisclosed amount from Daher Capital, will be utilized to support these growth initiatives, strengthening their market presence and service capabilities.

## Funding rounds

- Series A, Nov 18, 2020, $7M — DreamIt Ventures, Hyde Park Angels, Hyde Park Venture Partners, BAM Ventures, Bonfire Ventures, Restive Ventures
- Seed, Mar 1, 2020, $1.5M — BAM Ventures, Bonfire Ventures, Restive Ventures
- Seed, Jan 4, 2019, $1.3M — DreamIt Ventures, Bonfire Ventures

## Investors

- DreamIt Ventures (https://capitalatlas.ai/funds/dreamit-ventures) — Seed, Series A
- Bonfire Ventures (https://capitalatlas.ai/funds/bonfire-ventures) — Seed, Series A
- BAM Ventures (https://capitalatlas.ai/funds/bam-ventures) — Seed, Series A
- Restive Ventures (https://capitalatlas.ai/funds/restive-ventures) — Seed, Series A
- Hyde Park Angels (https://capitalatlas.ai/funds/hyde-park-angels) — Series A
- Hyde Park Venture Partners (https://capitalatlas.ai/funds/hyde-park-venture-partners) — Series A