Crowdfunding Site Surpasses $200 Million Mark

Tesseract Capital Group raised more than $11.5 million for Manon Arms Apartments.

SAN FRANCISCO—RealtyShares connects more than 25,000 accredited and institutional investors with pre-vetted real estate companies and operators looking to raise debt or equity capital through its marketplace. This community of investors is using the RealtyShares marketplace to review and participate in opportunities for as little as $5,000. The company has now raised more than $200 million in capital from its network of investors for residential and commercial real estate projects across the country.

“As a leader in the online real estate investing space, this accomplishment is not only important to the team here at RealtyShares, but also to the industry as a whole,” said Nav Athwal, founder and CEO of RealtyShares. “It is further proof that opening up real estate investing and capital formation through technology and bridging the gap between investors and operators has tremendous value.”