When bringing a new product to market, the last thing you want to worry about is fundraising restrictions. Nyree Penn quickly realized this when she began seeking investors for her startup, Prosomnia Sleep and struggled to find a capital raising model that fit her needs.
When Nyree found Avestor’s customizable fund, she realized it was the perfect solution that would allow her to raise money for both her startup and for future real estate deals.
The Investment: A New Treatment for Sleep Disorders
Prosomnia Sleep is a powerful new concept that provides one-hour IV therapy treatments for sleep deprivation, REM disorders, and chronic insomnia.
“It’s a real medical procedure, but it’s never been done before,” Nyree explained. “We’re all trained anesthesia professionals, and they’re one-hour sleep sessions. So we administer those at our clinic, and it’s a real medical procedure where they come in, they can’t eat the night before, there’s an anesthesiologist they see, and they have to have a ride.”
Prosomnia Sleep will open its first location in November, where they’ll offer these sleep sessions along with IV hydration services.
As the company continues to grow, Nyree plans to begin purchasing its own properties, so they can own and rent out medical office space to other providers.
“Instead of just renting out clinical spaces, we’re going to be purchasing medical office clinics and then renting them out, and then we’ll provide our services in our own buildings,” she shared. “Investors can choose to invest in Prosomnia the service or invest in Prosomnia real estate.”
The Avestor Experience: Resources to Supercharge Your Growth
Nyree was drawn to Avestor for the flexibility a customizable fund can provide, but she was immediately impressed by the quality of customer service and the educational opportunities she gained through Avestor’s mastermind.
“I did have another experience with another online platform, and it was terrible. I felt like a fish out of water. I had no idea what I was doing, and I didn’t feel like they gave us any guidance or support. But with Avestor, you guys are reaching out, giving me all kinds of information, learning tools, opportunities and weekly meetings.”
Because of the education she’s received through Avestor, Nyree is more confident than ever in her ability to market to investors and continue to expand her company.
“Now, I feel comfortable when I speak to my investors that I know what I’m talking about. Everybody has been really supportive and available to me.”
Your Asset Class, Your Business Model, Our Customizable Fund Solution
Avestor’s customizable fund model supports a wide variety of real estate classes (that’s right, it’s not just real estate!), including angel investing, judgment liens, boring businesses, startups, and much more.
Plus, our unique model allows you to house multiple asset classes and business models in the same fund — adding up to significant cost savings for you.
If you have an idea and want to find out if the customizable fund can help you bring it to life, we’d love to connect with you! Take the first step today by scheduling a call with a member of our team.