Today on Swamplot our Sponsor of the Day is crowdfunding site NextSeed. Thanks for the continued support!

The team behind gastrolounge and event space Chapman & Kirby (portrayed above) just raised $440,800 through a NextSeed campaign. More than 130 NextSeed members invested in this Texas crowdfunding offering, which will help it launch in East Downtown.

Chapman & Kirby raised its funds through a revenue sharing loan on NextSeed. The business is contracted to share a percentage of its revenue every month with the members that invested in the offering — until they are paid 1.75x their investments. Chapman & Kirby is enrolled in NextSeed’s payment automation service, which means that NextSeed will monitor the business’s monthly revenue and facilitate payments to investors each month.

The investment opportunities listed on NextSeed are available to all Texas residents. But don’t worry if you missed out on it: You can sign up on NextSeed so you’re ready for what’s coming next.

Disclaimer: NextSeed does not provide any investment advice or recommendation, and does not provide any legal or tax advice with respect to any securities. Any offers and sales of securities appearing on NextSeed are limited to persons that are Texas residents.

Looking for attention in the world of Houston real estate? Becoming a Swamplot Sponsor of the Day can help you get it.