# Fundrise

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fundrise

- Industry: Financial Services
- Headquarters: Washington, US
- Website: www.fundrise.com/
- Total disclosed funding: $31M
- Latest round: Series A (May 28, 2014)
- Investors on record: 5

## About

Fundrise, LLC is a technology-driven investment firm based in the US, enabling individuals to invest directly in private markets, particularly in real estate and venture capital.Founded in 2010 by Benjamin Miller, Fundrise, LLC operates out of Washington, US, providing a platform for direct investment in private markets. The company has evolved its business strategy to focus on integrating technology with investment management. Fundrise has successfully raised a total of USD 7.00 mn through its Series A funding round in September 2014, becoming a target for individual investors seeking accessible investment opportunities.Fundrise primarily offers a technology-driven investment platform that enables individuals to invest directly in private markets, particularly in real estate, venture capital, and private credit. Their core offerings include real estate investment trusts (eREITs) that provide access to a diversified portfolio of residential and commercial properties, along with growth equity funds that target mid-to-late stage technology companies across sectors such as FinTech and AI/ML. Fundrise's fully integrated platform streamlines investor servicing and fund management, utilizing proprietary software to reduce operating costs and enhance performance management. The company targets a wide array of investors, including individuals seeking alternative asset classes, financial advisors, and institutional investors. Fundrise operates in multiple geographical markets across the United States, allowing users from various regions access to its investment opportunities.The revenue model of Fundrise is structured around the management of investments in its various funds, which are offered directly to consumers and financial advisors. Transactions typically occur through individual investors opening accounts to invest in eREITs or other funds, while financial advisors may facilitate investments on behalf of their clients. Fundrise generates revenue primarily through advisory fees associated with the management of assets. Specific pricing structures for their flagship products include a nominal advisory fee of 0.15% for investors, which is waived for investments exceeding USD 100,000. By leveraging its technology platform, Fundrise aims to provide a cost-effective investment solution for its clients, ensuring transparency and accessibility in the private investment landscape.Fundrise plans to enhance its product offerings by launching new investment vehicles tailored for different investor needs, with expected rollouts in the upcoming quarters. The company aims to expand its market presence beyond its current geographical focus to include major urban centers across the US by 2025. The recent Series A funding of USD 7.00 mn will be utilized to support these growth initiatives, particularly in developing new products and scaling operations.

## Funding rounds

- Series A, May 28, 2014, $31M — Collaborative Fund, Renren Inc., Ackman-Ziff Real Estate Group, Rising Realty Partners, Camber Creek

## Investors

- Collaborative Fund (https://capitalatlas.ai/funds/collaborative-fund) — Series A
- Renren Inc. — Series A
- Ackman-Ziff Real Estate Group — Series A
- Rising Realty Partners — Series A
- Camber Creek (https://capitalatlas.ai/funds/camber-creek) — Series A