Fundraising FoxPaperstac
Orlando, US · Florida corporation
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Founders & leadership
RA
Richard AllenCEO & Co FounderRichard Allen has over 18 years of experience in real estate, discounted notes, and capital raising, and has acquired more than $100 million in real estate and discounted mortgage notes. He is co-founder and CEO of Paperstac, a digital platform for trading whole loans and connecting investors in distressed assets.
MM
Michael McLinExecutive
Board
TN
Tony NasserBoard director
Reported raises · per SEC filings
Form D private placements$1.7M disclosed across 3 rounds · 2022–2024
▶$500KraisedAug 2024 · 3 investors · Other TechnologyRule 506(c)
▶$500KraisedAug 2024 · 3 investors · Other Technology
Rule 506(c)Officers, directors & promoters on the filing
- Richard AllenExecutive Officer, Director
- Tony NasserDirector
- Michael McLinExecutive Officer, Director
- Offering amount
- $500K
- Amount sold
- $500K
- First sale
- Jul 2024
- Incorporated
- Corporation, Florida
- Federal exemptions
- 06c
▶$575KraisedJun 2022 · 6 investors · Other TechnologyRule 506(c)
▶$575KraisedJun 2022 · 6 investors · Other Technology
Rule 506(c)Officers, directors & promoters on the filing
- Michael McLinExecutive Officer, Director
- Richard AllenExecutive Officer, Director
- Offering amount
- $2.4M
- Amount sold
- $575K
- First sale
- May 2022
- Incorporated
- Corporation, Florida
- Federal exemptions
- 06c
▶$578.7KraisedFeb 2022 · 10 investors · Other TechnologyRule 506(b)
▶$578.7KraisedFeb 2022 · 10 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Richard AllenExecutive Officer, Director
- Michael McLinExecutive Officer, Director
- Offering amount
- $3M
- Amount sold
- $578.7K
- First sale
- Feb 2022
- Incorporated
- Corporation, Florida
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Frequently asked questions
- How much funding has Paperstac raised?
- Paperstac has disclosed $1.7M raised across 3 rounds.
- Where is Paperstac headquartered?
- Paperstac is headquartered in Orlando, US.