RealtyShares raises $10M for Crowdfunding Real Estate Projects

What does RealtyShares do?

RealtyShares, is an online marketplace for real estate investing. It is a real estate crowd funding platform which provides certified investors access to pre-surveyed real estate investment properties and a chance to invest a small amount of $5000 into each property.

The RealtyShares Team has intensity of billions worth of real estate. It has a team of dynamic groups of individuals who combined talents for creating the most powerful marketplace for investing in real estate, investment banking, law, technology and consulting.

How much RealtyShares was funded?

RealtyShares raised $ 10 M in Series A funding on April 7^th, 2015 from Menlo Ventures.

Previous Funding

• Undisclosed amount in Seed round on June, 2013 from 500 Startups
• $1.9M in Venture round on April 16^th, 2014 from General Catalyst Partners, Greg Framke and Savneet Singh

What is next for RealtyShares

RealtyShares has raised $10 million in its recent funding round to quickly increase its number of projects available to the investors. The company is totally focused on helping certified investors easily find opportunities for investment. Its prime goal is to reduce the friction between the sponsors and the real estate developers who are in search for capital and investors who are planning for diversifying their portfolios.

As a part of the latest funding from the investors Menlo Ventures its general partner John Jarve will join the board of Betterment of RealityShares.

It plans to invest in hiring more people and streamlining its internal processes in an effort of more swiftly vetting applications that are coming its way.

More abour RealityShares

RealtyShares was found on April 1^st, 2013 by Nav Athwal and Ray Sturm. It is like a lending club for real estate which provides a platform for crowd funding real estate development. Since it was founded in 2013, it has funded hundreds of residential and commercial properties which are worth more than $300 M. RealtyShares has been growing quickly, as its project number into which investors can place their money into are increasing.