Founder Details

Ancana
Company name
Ancana
Company website
Industry
Real Estate – Residential / Commercial
Location
MEXICO
Developmental Stage
*********
Approx Revenue for current Year
*********
Type of funding
*********
Pre-money Valuation (USD)
*********
Type of offering
*********
Amount of Capital seeking in current round (USD)
*********
Previous capital raised (USD)
*********
Monthly Burn rate (USD)
*********

Company description

Ancana is a marketplace where people can buy and enjoy a vacation home through fractional ownership.

Product/service description

Through Ancana's website you can choose the vacation home of your dreams. Look for the perfect fit depending how many weeks per year you want to use it, how many rooms you are looking for and your budget. Choose you home and we will take care of the rest. With 3rd party property managers we ensure that your property is always going to be in perfect... Read more

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Pitch Interview

Pitch Interview

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Commentary

  • Problem and solution

    Current options to buying a vacation home or a place to relax are complicated and could be...

  • Team

    Andres is a serial entrepreneur with more than 10 years of experience in the startup scene...

  • Market (TAM)

    Mexico's TAM is over $20 billion and in the US is over $70 billion.

  • Competition

    Ancana is competing against developers focused on fractional ownership structures and time...

  • Progress in the Business

    Our traction has been exciting and exceeding expectations. Since our official website laun...

  • Customer Acquisition

    Our go-to-market is focused on brand awareness through public relations efforts, where we ...

  • Intellectual Property

    We are in the process of developing Smart Owners Access to enable owners a frictionless re...

  • Partnerships/JV/Agreements

    We currently have 3 partnership agreements with local developers to build projects focused...

  • Financials
  • Financing Rounds

    Pre-Seed Round: Raised $400k at a $4 million post-money cap

  • Risks

    There are a couple of risks:\ - Inventory risk: lower than expected acquisition of invent...

  • Exit Strategy

    We see our exit strategy as a strategic acquisition by marketplaces such as Opendoor, roof...

Andres Barrios
Founder and CEO
Website