Fundrise
Early Stage
Tearing down barriers to the best investments
Overview
Platform
Self Managed
Start Date
05/31/2022
Close Date
08/15/2022
Min. Goal
$15
Max. Goal
$106,202,614
Min. Investment
$15
Security Type
Equity - Common
SEC Filing Type
RegA+
Price Per Share
$15.00
Year Founded
2014
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Location
Washington, District of Columbia
Fundrise is raising funds independently through Reg A+ crowdfunding. The company has developed a technology platform that makes it easier for individuals to build a portfolio of private assets. Fundrise combines technology and investment expertise to bring down the barriers to best investments and enable individual investors to invest in assets, including venture capital, real estate, and private credit. The platform has originated $2.44 billion in debt and equity investments deployed across $7 billion of real estate property. Benjamin S. Miller founded Fundrise in 2014. The current crowdfunding campaign has a maximum target of $106.2 million. The campaign proceeds will be used to increase the company’s capitalization and financial flexibility, working capital, operating expenses, and capital expenditures.
Balance Sheet
|
Cash and Cash Equivalents |
$27,403,000 |
|
Accounts and Notes Receivable |
$4,423,000 |
|
Property, Plant and Equipment (PP&E) |
$1,703,000 |
| Total Assets |
$52,697,000 |
|
Accounts Payable & Accrued Liabilities |
$3,994,000 |
|
Long Term Debt |
$0 |
|
Total Liabilities |
$10,579,000 |
|
Total Stockholders' Equity |
$42,118,000 |
| Total Liabilities and Equity |
$52,697,000 |
Statement of Comprehensive Income Information
|
Total Revenues |
$36,022,000 |
|
Costs & Expenses Applicable to Rev |
$74,918,000 |
|
Depreciation and Amortization |
$2,569,000 |
| Net Income |
$-38,803,000 |
|
Earnings Per Share - Basic |
$-1.51 |
|
Earnings Per Share - Diluted |
$-1.51 |
Auditor: KPMG LLP
Financials as of: 05/31/2022
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Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Fundrise | 09/29/2024 | Fundrise | $697,255,719 | - | Equity - Common | Active | RegA+ |
| Fundrise | 09/29/2023 | Self Managed | - | - | Equity - Common | Funded | RegA+ |
| Fundrise | 02/13/2023 | Self Managed | - | - | Equity - Common | Funded | RegA+ |
| Fundrise | 08/15/2022 | Self Managed | - | - | Equity - Common | Funded | RegA+ |
| Fundrise | 05/31/2022 | Self Managed | - | - | Equity - Common | Funded | RegA+ |
| Fundrise | 03/04/2022 | Self Managed | - | - | Equity - Common | Funded | RegA+ |
| Fundrise | 07/28/2021 | Self Managed | - | - | Equity - Common | Funded | RegA+ |
| Fundrise | 11/27/2020 | Self Managed | - | - | Equity - Common | Funded | RegA+ |
| Fundrise | 02/27/2020 | Self Managed | - | - | Equity - Common | Funded | RegA+ |
| Fundrise | 07/24/2019 | Self Managed | - | - | Equity - Common | Funded | RegA+ |
| Fundrise | 08/22/2018 | Self Managed | - | - | Equity - Common | Funded | RegA+ |
| Fundrise | 07/28/2017 | Self Managed | - | - | Equity - Common | Funded | RegA+ |
| Fundrise | 02/15/2017 | Self Managed | - | - | Equity - Common | Funded | RegA+ |
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