Crowdfunding Startup to Watch
Inc. recently named RealtyMogul.com as one of five crowdfunding startups to look into. Sujan Patel, VP of Marketing for When I Work, said RealtyMogul.com’s services enables accredited investors’ to pool funds and access properties through its real estate investing platform. He also mentioned using the service and that the properties for investors are pre-vetted. Additionally, sponsors or borrowers may submit online applications for real estate bridge loans and joint venture equity.
With the real estate crowdfunding industry continuing to grow exponentially, RealtyMogul.com has positioned itself as a leading real estate investment platform with a national outreach. According to Forbes, crowdfunding is expected to raise over $34 billion in 2015 and could outpace venture capital in 2016. Real estate crowdfunding platforms like RealtyMogul.com continue to disrupt the traditional industry as a part of the “collaborative economy.” RealtyMogul.com allows investors to invest in real estate without the hassle of becoming a landlord or the lack of industry connections.
The other four startups highlighted in Inc.’s ranking include Plum Alley, Upstart, Fig and Dragon Innovation.
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