Realty Mogul hits $3 million in funding just 4 months into crowdfunding


CrowdFundBeat News: Realty Mogul, a real estate crowdfunding site, has just announced that it crossed the $3 million mark yesterday, after surpassing the $2 million at the end of June. The site is a marketplace for accredited investors to pool money online and buy shares of pre-vetted real estate investments.

For a company that is bracing a relatively new concept in the real estate investing industry, Realty Mogul is experiencing an outstanding year. The company has already grabbed first place in 2 highly recognized competitions for startup companies. Earlier this year in March, Realty Mogul beat 50 other companies and came in first at the Founder Showcase competition. Not only that, Realty Mogul went home with top honors in the HATCH Pitch Competition at SXSW triumphing over 100 other applicants. It is also a finalists for the Innotribe SWIFT event that will take place in mid-Septemberof this year; one of its toughest competitions yet.

CFB visits Realty Mogul Team in Los Angeles, CA

Realty Mogul CEO Jilliene Helman & Team Members
Photo by CrowdFundBeat

A Los Angeles based company, Realty Mogul has since extended its offerings to include transactions from Seattle, Washington, Tennessee, Texas and Kansas. However, investors are free to participate from anywhere and the company will be gradually expanding. Partnerships with professional companies such as AH Capital, Dimension Investment Group, and Real Property Funding has allowed Realty Mogul to be one of the best real estate investing companies in a variety of markets.

Right now, due to the sensitivity of SEC rulings, Realty Mogul is focusing on accredited investors. To qualify, an individual will need to have an income of more than $200,000 annually or have a net worth of more than $1 million in liquid assets. However, Realty Mogul is looking forward to the Title III of JOBS Act to come out whereby it can start to solicit investments from the mass affluent. Realty Moguls website allows you to browse a marketplace of different investments, sign legal documentation securely online and fund online.  Investments are only made when the goal of the total funding is reached. Then, tracking your investments is going to be a piece of cake by looking at the investor dashboard.

One of Realty Mogul’s biggest goals is to build trust among its investors. Therefore, they try to keep their real estate deals as transparent as possible. However, the protection and safety of the investors will always be their first priority.

CFB Staff Writer, Nicole C

Tags: , , , , , , , , , ,


GeekWireAfter raising $28M in record crowdfunding campaign, Glowforge delays initial shipmentsGeekWireThe Seattle startup set a crowdfunding record this past October, raising nearly $28 million from thousands of backers who pre-ordered the printer. The original plan was to start shipp [...]

Crowdfund InsiderSlow Moving: Australian Investment Crowdfunding Rules Plod AlongCrowdfund InsiderIn Australia, the process to update the regulatory environment to facilitate equity crowdfunding has been a long journey. Back in 2014, proposed rules by the Corporations and Markets Advi [...]

South China Morning Post (subscription) (blog)Broker behind Vancouver real estate 'crowdfunding' website says it was a mistakeSouth China Morning Post (subscription) (blog)Liu said he founded Canada Luxmore Crowdfunding and its website in 2014, but he never promoted it becau [...]

ForbesEquity Crowdfunding: Not All Platforms Are Born EqualForbesUK equity crowdfunding has an enviable track record. More than 300 businesses have raised in excess of £140m through the largest platforms. The sector has been growing exponentially every year since it was created in 201 [...]

Metal Injection.netDARKEST HOUR Launch Crowdfunding Campaign For New AlbumMetal Injection.netThe band are crowdfunding $50k for the new album, and fans who are looking forward to checking it out, can contribute in the form and a pre-order of the album digitally, physically, or promo p [...]

ForbesExperts Comment, Offer Tips For Investment Crowdfunding Under New RegsForbesLast fall, the SEC issued long-awaited rules for investment crowdfunding. FINRA also issued its rules. The new rules become effective on May 17, 2016. It's time for entrepreneurs to start thinking s [...]

Business Insider AustraliaWhat 5 Australian startups are saying about the government's new crowdfunding lawsBusiness Insider AustraliaUnder new legislation passed yesterday unlisted public companies will be able to raise money through crowdfunding from mum and dad investors. This [...]

Hamilton SpectatorSeven years in love and no wedding: Crowdfunding in the Gaza StripHamilton SpectatorAlthough a growing number of young Gazans have successfully raised money this way for various projects or study abroad, this is the first time a couple in Gaza is attempting to crowdf [...]

Regulation Crowdfunding – Funding Portals and Other Crowdfunding IntermediariesJD Supra (press release)Title III of the Jumpstart Our Business Startups Act (JOBS Act) created a new securities registration exemption for crowdfunding[1] offerings by adding Section 4(a)(6) to the Securit [...]

The Next WebDescent's creators are crowdfunding a sequel to the classic space shooterThe Next WebIf you grew up with PC games in the 90s, you'll probably remember Descent, the space shooter that introduced players to six-degrees-of-freedom action. 22 years since its release, [...]

CFB Finance

Live Crowdfunding .tv

What's Next Step in Regulation A+ JOBS ACTS Title IIII :L Interview : Steve Cinelli with Brian Korn Securities and Crowdfunding/Peer-to-Peer Lending Lawyer, Watch more video library | Conference | Interview | Campaign Showcase | Research | Education |

Press Release