OptioLend (Equity)
Funding Details
- Awarder
- StartEngine
- Date Award
- June 13, 2024
- Vertical
- Commercial Real Estate
- Funding URL
- View Funding Page
- Premoney Valuation
- $10,000,000
- Valuation
- $10,000,000
- Funding Amount:
- $197,726,600,000
Company Info
- Founding Year
- Not provided in the memo
- Traction
- OptioLend has received loan applications totaling over half a billion dollars in their first 6 months of operation. They have a strong founding team with experience in real estate technology.
- Organizations Involved
- Not provided in the memo
- Founders
- Richard Geisenfeld, Michael Kesner
- Company Description
- OptioLend is an online marketplace that connects commercial real estate borrowers with a community of over 5,000 lenders. Their proprietary AI-driven algorithm simplifies the process for borrowers to find suitable financing. The company aims to optimize the commercial real estate industry by providing efficient and economical options for borrowers.
- Market
- Real Estate Financing
- Location
- Columbus, OH, US
- Coinvestors
- Not provided in the memo