Apr
28

Real Estate Crowdfunding Platforms Seeking Venture Funding Continues

Crowdfunding for Real Estate is heating up and becoming one of the most popular products for venture funding. Just recently, RECF (Real Estate Crowdfunding) Platforms Patch of Land and Realty Shares, simultaneously announced a successful Series A funding on April 4th, 2015.  Other companies, like Fundrise, received Series A funding back in 2014. Realty Mogul is already on to their second round of funding as of March 2015. Institutional and individual investors are beginning to catch on to the potential the industry is projecting. Even more so, they are already actively capitalizing on it. Series A is the first seed funding round for privately held startups, in return for ownership in their company. Usually Series A allows for preferred ownership or anti-dilution provisions in the case of future financing. Why Venture Funding? RECF Platform’s main reasons for seeking additional funding are to scale operations, boost technology and increase overall market share. […]