Groundfloor (Seed)
Funding Details
Awarder
WeFunder
Date Award
November 1, 2022
Vertical
Fintech and Finance
Funding Amount
$2,100,000
Company Info
Founding Year
2013
Traction
Over $800 million invested on the platform to date. Annual revenue CAGR of 62% since 2018, on track to grow from $14.1m in 2021 to $23.1m in 2022.
Revenue Amount
$23,100,000
Organizations Involved
Notable Angel, B2B, B2C
Founders
Brian Dally, Nick Bhargava
Market
Real Estate
Location
Atlanta, GA, US
Coinvestors
Notable angels, VCs, and over 6,375 individual retail investors
Company Description

Groundfloor is an award-winning wealth-tech platform offering high-yield, short-term, real estate debt investments directly to the general public. We are mission driven to provide financial access for all walks of life and help communities in the process. Investing shouldn’t come with annual management fees, hidden spreads, or lock-ups that put control in the hands of a fund manager. Our platform enables everyone to build diversified portfolios that deliver continuous cash flow with high yields secured by real assets.

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