RealtyMogul.com, a Los Angeles, CA-based online marketplace for real estate investing, raised a $35m Series B financing.
The round was led by Sorenson Capital with funding from Canaan Partners.
The company intends to use the funds to hire more technologists and data scientists, strengthen its technology platform, further expand its geographic presence across the U.S.
Led by Jilliene Helman, CEO, RealtyMogul.com is an online capital marketplace for real estate, connecting borrowers and sponsors to capital from accredited and institutional investors. Through an online platform, the platform gives borrowers access to debt capital, sponsors access to equity capital and investors tools to browse investments, do due diligence and invest online. RealtyMogul.com offers fix-and-flip loans, bridge and permanent loans and joint venture equity.
RealtyMogul.com has 80 employees.
FinSMEs
14/07/2015