Real estate platform RealCrowd has closed $1.6 million in funding. Investors included Y Combinator, DCVC, Initialized Ventures, Andreessen Horowitz and General Catalyst.
RealCrowd, a leading online real estate platform enabling the efficient syndication and investment of commercial real estate offerings, announces that it has raised $1.6M in seed funding. Contributing investors include:
● Paul Bucheit
● Initialized Ventures (Garry Tan, Harj Taggar, and Alexis Ohanian)
● Andreessen Horowitz
● General Catalyst
● Private real estate operators
Launched in August 2013, RealCrowd’s platform is built around SEC Rule 506(c), which lifts the ban on general solicitation of certain securities to accredited investors. In addition to leveraging the new regulatory environment, RealCrowd offers a full suite of investor management tools to real estate operators, bringing tremendous efficiencies to the private capital fundraising process.
RealCrowd’s fullstack solution gives accredited investors efficient access to real estate opportunities, and provides all of the working parts operators and investors need in order to connect, administer, invest and transact.
All offerings are of institutionalquality and diversified across the United States, ranging from office, industrial, retail, and multifamily to institutional funds.
The platform connects investors to deals without cutting into returns, and investors are given access and the freedom to invest without any fees attached. “RealCrowd allowed me to do my due diligence and confidently invest in multiple commercial real estate properties,” says investor Pete Fishman.
Rather than basing its revenue model on fees charged to investors, RealCrowd monetizes itself as a Syndication as a Service platform. Its technology stack is aimed at highquality real estate operators seeking to communicate offerings, grow investor networks efficiently, and scale their businesses without increasing overhead.
To date, RealCrowd has brought investors access into real estate transactions totalling more than $235M.