RealtyShares is a real estate crowdfunding platform that allows individual and institutional investors can purchase shares in vetted residential and commercial real estate properties for as little as $5,000 from the convenience of a laptop or tablet.
PRODUCTS & SERVICES:
Online fundraising platform for real-estate market.
Debt financing services for residential and commercial projects.
It offers flexible financing solutions for real estate projects.
Viewable by subscribers only
Sun Coast Property Management, Kessler Group, JWB Real Estate Capital, Retail Investors
In this platform accredited investors have a choice to invest in groups of properties, or to invest in a single very specific property and also provide dashboard access to tracks the earnings history of the investment and year-end investor tax information.
Ray Sturm, Nav Athwal
Board Members and Advisors:
Marcus Segal, Paresh Gangaodkar, David Bake, Gregory Framke, Pascal Levy-Garboua, Dennis Williams, John Jarve
NUMBER OF EMPLOYEES:
500 startups, General Catalyst Partners, Greg Framke, Menlo Ventures, Savneet Singh, Tilden Capital, Union Square Ventures, Cross Creek Advisors, Danhua Capital, Barry Sternlicht, Bow Capital
Nav Athwal (CEO)
ACTIVE USERS COMMENT:
The company claims that it has fueled by more than 120,000 registered users(Sep 2017).
The company has over $242 million deployed across more than 120 commercial debt and equity projects in the last year alone (Sep 2017).
DATE OF LAST FUNDING:
SEED & PRIOR FUNDING:
SEED CLOSED ON:
SEED PRIOR FUNDING COMMENT:
An undisclosed fund raised in Jun 2013.
$10 Million Closed: Apr 2015
$20 Millions Closed: Feb 2016
$28 Millions Closed: Sep 2017
Venture funding: $5.7 M (Sep 2016), Debt financing: $30 M (Sep 2016)