HoneyBricks Real estate · 2022, 2024

How design + engineering helped a real-estate SaaS get acquired.

Outcome Acquired by EquityMultiple, April 2024. 24-month embedded design + frontend pod with CEO Andrew Crebar.
HoneyBricks GP Flow, multifamily real-estate SaaS

Imagine investing in premium real estate as easily as buying stocks online. That was HoneyBricks’ bold vision, a Silicon Valley platform for tokenized, fractional ownership in institutional-quality real estate.

They were already operating with a live product and a growing customer base. To scale to the next round, they needed a partner who could enhance their existing design system, ship sophisticated UX, and stay through whatever came next. They were specifically looking for product designers with experience in data-heavy, financial SaaS, not a generalist agency. That’s when they found Denovers.

01

A live product that needed to look like its valuation. Investors won’t commit $5K-$50K through a SaaS that feels like a tax form, the bar was institutional-grade UX, not a marketing landing page.

02

A headcount, not an agency engagement. CEO Andrew Crebar wanted an in-house Product Designer working inside Slack, Figma, and Jira, on the team’s clock, not delivering decks from outside.

03

A racing clock. Burn rate vs. raise window meant the MVP had to ship fast and the design had to compound, every sprint had to make the product more defensible, not just prettier.

★★★★★
Denovers has been a remarkable partner for HoneyBricks, providing excellent design work at great speed and in a precise manner. Their integration within our internal team has made collaboration very easy.
Andrew Crebar
Andrew Crebar CEO · HoneyBricks · multifamily real-estate platform
Outcome
Acquired
By EquityMultiple in April 2024, the climax of a two-year partnership.
Partnership
24 months
Trial sprint to GP Flow’s sponsor-platform launch, embedded in their Slack, Figma, and Jira.
Platform
Dual-mode
Investor + Sponsor on one shell. Switch between roles. Same primitives, two products.
Pod
Design + React
Senior designer in month 02, senior React engineer added in month 09 for the AI features.
The story

A trial sprint that turned into a two-year partnership.

Imagine investing in premium real estate as easily as buying stocks. That was HoneyBricks’ bold vision, a Silicon Valley platform for tokenized, fractional ownership in institutional-quality real estate. Already live with a growing customer base, they needed a partner who could enhance their design system, ship sophisticated UX, and stay through whatever came next. We started with a scoped free trial sprint, a few components and a short flow inside their existing system. The first tasks landed well enough that the trial converted into a long-term partnership.

From there, the pod grew from one senior designer to a design + frontend team, working sprint after sprint alongside CEO Andrew Crebar and the product leads. By year two we knew the codebase, the sponsors, the deals, and the investor archetypes inside out. Two years later they were acquired by EquityMultiple.

01 · Design

One senior product designer, embedded full-time.

Joined HoneyBricks’ Slack, Figma, and Jira on day one, Loom async as the primary feedback loop. Worked directly with the CEO and product leads, the design intelligence compounding sprint after sprint.

02 · Engineering

A senior React engineer, added in month 09.

As scope grew into the AI features and the sponsor-side platform, HoneyBricks brought us on for frontend too. Same pod, same standups, shipping responsive UI and dynamic API integrations alongside the design.

The investor side

Friction out, flow in.

An accredited investor showing up for the first time isn’t looking at a SaaS, they’re deciding whether to trust a platform with their money. We rebuilt the investor experience around clarity: portfolio, onboarding, accreditation, and account members. Here’s how each piece landed.

app.honeybricks.com/portfolio
GP Flow Investor Dashboard. Portfolio panel with Total Value $85,000, Assets / Shares / Distributions counters, USDC Balance $6,205 with Manage CTA, Allocation donut showing 5 deals at 35% / 31% / 18% / 10% / 6%, and a Your Assets table listing The Madison · The Ranches · Align Apartments · Treetop Apartments · Candlelight Park · The Madison with photos, balance, distributions, and ownership %
Investor · Dashboard Total Value · Allocation donut · multi-deal portfolio Personal, not transactional
app.honeybricks.com/onboarding
GP Flow Onboarding Checklist, orange ‘Your investor onboarding is complete!’ banner with a View Opportunities CTA, then an Optional list of cards (Upload Certified Accreditation Letter, Create or Connect your Digital Wallet, Complete tax information, Set-up investment entities) each with a Start CTA, plus a Pending section below
Onboarding Visible checklist · per-item Start · orange completion banner Friction out, flow in
app.honeybricks.com/onboarding/suitability
GP Flow Investor Suitability Questionnaire, orange numeric stepper Accreditation → Goals → Experience → Tax (step 2 active), ‘What are your investment objectives?’ question, two-column radio set (Income · Growth · Speculation · Preservation of Capital on the left; investment-amount radios on the right capped at >$100,000)
Accreditation 4-step wizard · Investor Suitability Questionnaire From confusing to crystal clear
app.honeybricks.com/manager/arlington-capital
GP Flow Sponsor Manager · Arlington Capital, top nav (Dashboard · Contacts · Distributions · Insights), Switch to Investing toggle, Arlington Capital tenant header with New Investment and New Investor CTAs, Portfolio Overview with Active and Completed Investments stacked-bar charts vs. Cap acct Balance, Top Accounts by Contributions horizontal bars, and an Investor Activity feed listing visits, downloads, and time-on-page per contact
Sponsor Manager Tenant header · portfolio overview · investor activity feed The new product
app.honeybricks.com/manager/offerings/kent-apartments/overview
GP Flow Sponsor · Kent Apartments offering, left-rail stepper Overview · Prospects · Details · Metrics · Media · Documents · Investors · Transactions, Status Draft pill, Entity Information panel (Name / Owning entity / Tax ID / Close Date / Target Raise / Funded / Funding Options / Unit Price $1,000 / Distributions), and an Investor Pipeline table with Committed / Approved / Signed / Funded / Declined / Total Pipeline stages
Sponsor · Investments Left-rail stepper · entity info · committed → funded Pipeline view
app.honeybricks.com/manager/insights
GP Flow Sponsor · Investor Portal Insights. KPI tiles (People 1,512 · Sessions 79,331 · Page Views 75,440 · Total Time 630 Hours), 12-month dot-grid heatmap of Views with hover preview ‘34 Views on 22 Aug 2023’, and a contact table of Sarah Kent / John Citizen / Emily Anderson with Last Active / Sessions / Page View / Contributed columns
Sponsor · Insights KPI tiles · 12-month heatmap · per-investor activity Who’s reading what
app.honeybricks.com/manager/contacts/sarah-kent
GP Flow Sponsor · Manage Investors with contact side panel, investor list on the left, side-panel detail on the right with profile, activity history, allocations, and notes, shareable URL for each contact, no overlay
Sponsor · Contacts Side-panel investor detail · activity history · notes CRM, not overlay
The sponsor side

A new product, on the same shell.

Halfway through the engagement, HoneyBricks evolved into a two-sided marketplace. Sponsors now needed their own platform to manage offerings, track investor activity, and raise capital. We designed GP Flow, the sponsor side, with AI search, dashboards, a prospect funnel, and the operational backbone underneath. Same component library, two roles, one click between them.

app.honeybricks.com/investments/candlelight-park/relations
GP Flow per-deal AI · Candlelight Park Investor Relations, black sponsor data card on the left (Roth Apartments · Annual Return 15.0% · Cash on Cash 5.5% · Equity Multiple 1.5x · Min. Investment $1,000 · Distributions Monthly), Key Documents list (Subscription Agreement · Comparable Sales · Sponsor Track Record · Sponsor FAQs · Investment Summary), and a Chatbot panel with greeting, suggested-prompt chips, and a typing input, orange + INVEST CTA pinned top-right
Investor · per-deal AI Sponsor data card · key documents · grounded chat Grounded in the deal
app.honeybricks.com/manager/search
GP Flow Smart Search and AI Assistance, sponsor's offerings table on the left (Treetop Apartments / Align Apartments / The Ranches / Candlelight Park / The Madison) with Status pills (Raising, Active, Completed) and Committed amounts; Investor Relation Assistant chat panel on the right answering 'Who are our biggest investors and how much are they invested?' with Kelly Group $725,000, James Sinclair $500,000, Kate Middleditch $450,000, plus an offer to outline the top 10
Sponsor · AI search Cross-deal queries · investor lookup · conversational Investor Relation Assistant
app.honeybricks.com/settings/investing-accounts
GP Flow Settings · Investing Accounts, left rail nav (Personal · Verification · Bank Accounts · Investing Accounts · Deactivate Account), Investing Accounts table with Name / Entity Type / Signatory / Account Number / View detail columns, listing Chris Johnson (Individual), Funnel Fund 1/2/3 (Limited Liability Company), each row showing either a Connect Account link or an account number with edit pencil, plus a top-right + Add New Entity CTA
Banking Multi-entity accounts · LLCs · signatory · connect More flexibility, more control
app.honeybricks.com/settings/account-members
GP Flow Settings · Account Members. Account Members table with Name / Role / Email / Last Active columns, Owner / Admin / Viewer roles, Thomas Peters as Account Owner with Owner pill, Robert Young as Viewer, James Kent as Admin, Jorge Gonzales as Viewer with delete icons on non-owner rows, plus a top-right + Invite Member CTA
Account Members Owner / Admin / Viewer · invite by email · per-row revoke Investing as a team sport
app.honeybricks.com/secondary/the-madison
GP Flow Secondary Market. Secondary / The Madison breadcrumb, Buy eligibility (red dot) and Sell eligibility (green dot) pills, Key Information panel (Investment: The Madison, Issue Price $1,000, Issue Date Nov 15 2022, Share Distributions $52.31, Last Update Jan 15 2023, Owning Entity HoneyBricks 005 LLC), 'Positions for sale from existing investors' section with Open (4) / Completed (4) tabs, Show USDC Only toggle, and a sortable Postings table (ID, Date Posted, Expires, Share Price, Quantity, Offer Value, View Posting)
Secondary Market Buy/Sell eligibility · key info · postings table Liquidity for fractional
Outcome · trial sprint → 24 months → acquisition

Trial sprint, in. Acquisition, out.

Two years in the same Slack, the same Figma, the same Jira. GP Flow shipped end-to-end across that arc, portfolio, sponsor manager, AI investor relations, banking, secondary market.

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