Fundrise

About

Fundrise offers an alternative to investing in stock and bonds, the first low-cost, and direct private market investment built.

Washington,District of Columbia,United States
101 - 250
https://fundrise.com

Highlights

Details

Last Funding Type: Corporate Round
Industries: Finance,Financial Services,FinTech,Real Estate,Real Estate Investment
Founded date: Jan 1, 2010
Number Of Employee: 101 - 250
Operating Status: Active
Legal Name: Fundrise, LLC
Investor Type: PE

Fundrise helps locals claim ownership in the development of their city. Its first project and the first-ever crowdfunded real estate deal, was the development of acclaimed D.C. restaurant and retail store, Maketto, in 2013. It has grown since then, but its mission of providing people with a simpler, smarter, and more reliable way to invest has remained the same.

Today, Fundrise continues to shape the investment industry, creating a new alternative to investing in stocks and bonds. By combining technology with new federal regulations, they have opened up the once-unattainable world of direct private investments to everyone in the US, regardless of net worth.

Fundrise was launched in Washington, D.C. in 2012.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

8

$355.48M

Fundrise has raised a total of $355.48M in funding over 2 rounds. Their latest funding was raised on Aug 4, 2021 from a Corporate Round round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Aug 4, 2021	Corporate Round	—	1	—	—	Detail
Jun 3, 2021	Debt Financing	$300M	1	Goldman Sachs	—	Detail
Feb 8, 2017	Equity Crowdfunding	$14.50M	2	—	—	Detail
Sep 26, 2014	Series A	$7M	5	—	—	Detail
Aug 4, 2014	Equity Crowdfunding	$0.98M	—	—	—	Detail

Investments

Number of Investments

Number of Lead Investments

3

1

Fundrise has made 3 investments. Their most recent investment was on Nov 29, 2022, when Saltbox raised $35M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Nov 29, 2022 Saltbox	Series B	$35M	E-Commerce	—
Jul 10, 2018 Cue	Series B	$45M	Health Care	—
May 17, 2017 Cue	Series B	$15.50M	Health Care	Yes

Investors

Number of Lead Investors

Number of Investors

4

17

Fundrise is funded by 17 investors. Goldman Sachs and Collaborative Fund are the most recent investors.

Investor Name	Lead Investor	Funding Round
Goldman Sachs	Yes	Debt Financing
Collaborative Fund	Yes	Series A
Renren	Yes	Series A
Silverstein Properties	Yes	Series A
Jason Roper	—	Corporate Round
Adam Ayers	—	Equity Crowdfunding
Kevin Zuber	—	Equity Crowdfunding
Debbie Harmon	—	Series A
Haniel Lynn	—	Series A
Jon Schulz	—	Series A