RealtyShares has raised $28 million in Series C financing from Cross Creek Advisors, Danhua Capital, Barry Sternlicht, founder of Starwood Capital and Starwood Resorts, and Bow Capital, along with prior investors Union Square Ventures, General Catalyst Partners, and Menlo Ventures.
In a market space involving a multitude of players, RealtyShares has emerged as one of the industry's most diverse real estate investment platform, deploying $500 million across more than 1,000 real estate opportunities in 39 states, as of this summer. Fueled by more than 120,000 registered users and a growing list of institutional partners, the company has quickly established itself as an industry leader. Now, RealtyShares is bringing its technical excellence to bear on scaling full capital stack commercial solutions, with over $242 million deployed across more than 120 commercial debt and equity projects in the last year alone.
“Middle-market commercial real estate comprises the majority of commercial real estate transactions, but it’s one of the last frontiers to be disrupted by technology,” said Nav Athwal, RealtyShares founder and CEO. “The new partners we’re bringing on in this round have significant experience transforming old industries, and can help us deepen our focus on the severely underserved commercial financing market.”
This investment brings the pioneering startup’s total capital raised to-date to $60 million.