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Nada Raises $8.1M In Funding To Unlock Real Estate Wealth For Everyone

Jul 28, 2022•almost 3 years ago

Amount Raised

$8.1 Million

DallasReal Estate InvestmentLendingMarketplaceFintechReal EstateFinancial Services

Description

Nada, a fintech company making real estate wealth accessible to everyone through its investing, banking, and finance platform, announced today that it has closed a $8.1M seed round. LiveOak Venture Partners led the round with participation from Revolution’s Rise of the Rest Seed Fund, Capital Factory, 7BC Venture Capital, Sweater Ventures, LFG Ventures, Badra Capital, and Stonks Fund. Nada intends to use the funds to expand its investment products, develop its secondary trading platform, launch its mobile app, and release the first real estate-backed debit card.

Company Information

Company

Nada

Location

Dallas, Georgia, United States

About

Nada is unlocking the $26 trillion home equity market for retail investors and homeowners. Its platform makes it possible for any investor to buy & sell fractions of a top city’s real estate market and for homeowners to unlock home equity, without taking on debt, to spend on a debit card. Fractionalizing homeownership and leveling the playing field for retail investors with the first banking and investing platform built for real estate. Nada is backed by LiveOak Venture Partners, Revolution’s Rise of the Rest Seed Fund, Capital Factory Ventures, 7BC Venture Capital, and Sweater Ventures.