This offering is being conducted on an expedited basis pursuant to the SEC’s temporary regulatory COVID-19 relief. 

Highlights

Addressing the pain points of 450,000 military and federal employees assigned station transfers each year

  • Designed with the specific needs of military and federal employees in mind
  • Built to ease the stress of moving, especially for military families who move every 2-3 years
  • The current pandemic does not affect the need for military permanent change of station (PCS)

Focus on military and federal employees creates a competitive advantage

  • No other short-term rental (STR) company caters exclusively to military and federal employees
  • Bookings through At Ease are guaranteed reimbursement from the government
  • Rental inventory tailored to the needs of families, not tourists

Owned and operated by active duty and veteran Marines

  • Extensive personal experience with the logistics of the PCS process
  • Established relationships within the Department of Defense
  • Committed to providing the most painless experience possible for military families


#Veterans     |     #MinorityOwned


Investment Terms

Issuer
At Ease Rentals Corp.

Type of Offering
Regulation Crowdfunding

Offered By
NextSeed Securities, LLC

Offering Min

$120,000

Offering Max

$500,000

Min Individual Investment

$250

Raised to date

$108,350

Type of Securities Convertible Notes
Valuation Cap 5,000,000
Discount 20%
Annualized Interest Rate 6%
Maturity 36 months
Total Round Size

$500,000

Offering Size

$500,000

View the Issuer's SEC Form C filing

Use of Proceeds

At Ease is expanding their platform to offer short term rental options in more areas. They have identified key markets as: San Diego CA, San Antonio TX, Austin TX, Tamp, FL, Pentagon City/Washington DC.  They will be focusing heavily on researching these target cities and developing their web application to filter housing properly according to per diem allowances and family size.

Funds from the NextSeed Raise will be allocated towards product development (30%), marketing (30%), staff and business development (30%), and long-term product maintenance (10%).

Company Description

Military families move on average every 2-3 years, through a process called permanent change of station (PCS). These moves are taxing and can be extremely stressful on the whole family. During reassignment, families often move into temporary housing upon leaving a duty station and arriving at a new one, until a more permanent residence becomes available. The burden is on the service member to locate a hotel or other short-term rental that qualifies for the allotted per diem and meets federal requirements for reimbursement. Because of government regulations, many short-term rental (STR) platforms are not approved for reimbursement, even if they are significantly cheaper than a hotel. Using unapproved booking companies can result in ineligibility for reimbursement and in some instances, even disciplinary action. This leaves families with limited options, many times having no choice but to stay in cramped hotel quarters for lengthy periods of time.

At Ease Rentals is a solution to this problem, a one-stop shop for short-term rentals that are pre-approved for reimbursement when used by military and federal employees. With the At Ease platform, a family in transition can easily search homey, comfortable rental properties within their designated per diem allowance (calculated by the At Ease technology, based on certain profile information like rank, location, and reason for transfer). Before even booking, military and federal employees can have peace of mind that the rental is guaranteed to meet federal requirements, ensuring that the service member will be reimbursed appropriately without issue. At Ease Rentals is committed to making the process of moving as painless as possible for the approximately 450,000 military and federal employees assigned station transfers each year.

Business Model

US Government-funded lodging is a $5Billion dollar market. Each year, the Department of Defense moves approximately 450,000 people across the globe, and the need to mobilize military personnel remains unaffected by the current pandemic and resultant economic slowdown.

At Ease has the opportunity to capture a large percentage of this housing market with their innovative short-term rental platform - the first of its kind specifically designed for the needs of military and federal employees. Prior to At Ease, there was no access to pre-approved, short-term rentals through an online booking platform. Large families, each with unique circumstances (including families with disabilities, pets, and a variety of other consideration) are forced to use hotels for temporary housing during a move. These displacements can last anywhere between 5 days and 5 months. Being able to secure a comfortable, home rental ensures adequate space for the family, the ability to cook meals and store food, and the opportunity to explore neighborhoods for more permanent residence, all of which can help reduce the impact of stress on the service member and their families.

In addition to the benefits of securing lodging through the At Ease platform, active duty members have the opportunity to become hosts themselves. Military families who own a home can have their home pre-certified to be ready for listing any time. This allows them to list their own property in the event of PCS, alleviating the burden of renting their property as well as locating a home for their transfer destination.

Revenue Streams

At Ease is a two-sided marketplace that connects approved hosts with military and federal personnel. Customers use the website interface to search for housing in their area, within their per diem allowance, and book directly through the site.

At Ease earns revenue through:

  • Government reimbursement of per diem lodging rates
  • $300 inspections and federal registration 
  • 8% commissioning on leisure travel

History

1999 - Anthony joined the Marine Corps as reservist, then transitioned to active duty status

2004 - Fought in the Battle of Fallujah during the Iraq War

2010 - Commissioned as a second lieutenant

2018 - Moved to Texas to become an ROTC instructor and developed the idea for At Ease Rentals

2019 - Incorporated At Ease Rentals Corporation after operating as an LLC for nine months

2020 - Launched PCSAtEase.com website and completed the DivInc. Accelerator Program


Meet the Team

Image not found!
Anthony Gantt
CEO

Anthony has over 20 years of honorable service in the Marine Corps. Throughout his time in service, he has had extensive leadership, operational, and logistical planning experience, leading teams of over 300 personnel. He has personally been through over 13 military moves, and holds a BS in Electrical Engineering from Florida Agricultural and Mechanical University.

Image not found!
Gregory Rollins
COO

Greg is a Marine Corps veteran with over 9 years of service as a Naval Aviator. He holds a Bachelor of Arts degree in Business Administration and has over 2 years of experience in vacation rental property management with his company, Righteous Rentals, with $2.4mm assets under management.

Image not found!
Mateo Bradford
Director of Business Growth

Mateo brings over three years of experience as a growth & development manager in the alternative accommodation industry. He has extensive experience selling RaaS (Revenue as a Service, Saas (Software as a Service), and PaaS (Platform as a Service) products.

Advisory Board

As team players with years of leadership experience, they have assembled an Advisory Board to assist them with finance, strategy and marketing.

Brian Dass - A serial entrepreneur with over 25 years specializing in global travel & hospitality ventures. He previously co-founded two successful web-based hotel technology firms that service online booking engines and reservations.

Kathleen Fairall - An Army veteran, specializing in human resources with over 20 years of experience. She holds an MBA from UNC- Greensboro and currently runs a consulting firm, Act III Consulting, LLC.


Bonus Rewards

Early Bird Reward
133 remaining
First 200 investors who invest $500 or more will receive:
  • 'At Ease' Custom Challenge Coin
Invest

$1,000+

  • Engraved 50 cal bullet bottle opener
Invest

$2,000+

  • Custom canteen
Invest

$5,000+

  • Waive 1 year's listing fees for Host
Invest

$10,000+

  • Waive 1 year's listing fees for Host

Bonus rewards are offered by the Issuer purely on a voluntary basis and do not influence the terms of the Offering. For the avoidance of doubt, the bonus rewards are not contractual conditions governed by the Note Purchase Agreement and are not enforceable under the Note Purchase Agreement.

Image Gallery

Investment Documents

Comments

See our community guidelines on posting.

In order to leave comments, please sign up.

Sign Up
Travis
Hi team - great mission and something I'd be proud to stand behind! I'm curious, why such a long funding time frame? I've invested in several business through this platform and from my recollection this has the longest "days until close" period I've ...
read more
Jay
I agree- I'm also curious why such a long campaign. Thanks

Issuer Statement

The information contained on this campaign page (the "Campaign Information") is furnished solely by the Issuer to prospective investors in the investment opportunity described herein. All Campaign Information is intended to be a summary of the terms and information contained in the Disclosure Statement and the Note Purchase Agreement, and is fully qualified by reference to those documents. In the event any Campaign Information conflicts with the terms of the Disclosure Statement or Note Purchase Agreement, the terms of those documents will control. The Issuer has provided the Campaign Information for inclusion on the website located at www.nextseed.com, and in no way will the Campaign Information be deemed to have been created or provided by NextSeed Securities, LLC, NextSeed Services, LLC, or their affiliates.