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Concreit Raises $6 Million To Enable Anyone To Invest In Diversified Professionally Managed Real Estate Fund With As Little As $1

Sep 16, 2021•about 4 years ago

Amount Raised

$6 Million

Seattle

Description

Concreit, the company opening diversified real estate investing to everyone, today announced that it has closed $6 million in seed funding in a round led by Matrix Partners. Hyphen Capital, as well as individual investors including Jon Stein, founder and CEO of Betterment; Andy Liu, partner at Unlock Venture Partners; and investor and advisor Ben Elowitz. Dana Stalder, general partner at Matrix, will join the Concreit board of directors.

Company Information

Company

Concreit

Location

Seattle, Washington, United States

About

Concreit is opening the opaque world of private real estate investing to the masses. Its free mobile app allows consumers to invest as little as $1 into a fund managed by a team of investment professionals. Withdrawals can be requested at any time through the app and sent upon approval, empowering investors to achieve financial goals easier than ever before. Concreit is based in Seattle and backed by fintech experts and top technologists, including Matrix Partners, Hyphen Capital, Jon Stein, Andy Liu and Ben Elowitz. Securities offered through Dalmore Group, LLC, member FINRA & SIPC.