About this raise

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 $3.35 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 $111.6 million. The campaign proceeds will be used to increase the company’s capitalization and financial flexibility, working capital, operating expenses, and capital expenditures.

Expand

Investment Overview

Funding data not publicly available

Deal Terms

Platform
Self Managed
Start Date
08/15/2022
Close Date
02/13/2023
Min. Goal
$15
Max Goal
$111,567,649
Min. Investment

$15

Security Type

Equity - Common

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$15.15

Company & Team

Company

Year Founded
2014
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Location
Washington, District of Columbia
Company Website
Visit Website

Team

Funding data not publicly available

Financials

 Revenue
$0
 Monthly Burn
$3,233,583
 Runway
8.5 months

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
Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific Kingscrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
09/29/2024 Fundrise $697,255,719 - Equity - Common Not Funded RegA+
09/29/2023 Self Managed - - Equity - Common Funded RegA+
02/13/2023 Self Managed - - Equity - Common Funded RegA+
08/15/2022 Self Managed - - Equity - Common Funded RegA+
05/31/2022 Self Managed - - Equity - Common Funded RegA+
03/04/2022 Self Managed - - Equity - Common Funded RegA+
07/28/2021 Self Managed - - Equity - Common Funded RegA+
11/27/2020 Self Managed - - Equity - Common Funded RegA+
02/27/2020 Self Managed - - Equity - Common Funded RegA+
07/24/2019 Self Managed - - Equity - Common Funded RegA+
08/22/2018 Self Managed - - Equity - Common Funded RegA+
07/28/2017 Self Managed - - Equity - Common Funded RegA+
02/15/2017 Self Managed - - Equity - Common Funded RegA+
Create a free account today to gain access to Kingscrowd analytics.

Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
Fundrise on Self Managed 2022
Platform: Self Managed
Security Type: Equity - Common
Price per Share: $15.15

Follow company

Follow Fundrise on Self Managed 2022

Buy Fundrise's Deal Report

Warning: according to the close date for this deal, Fundrise may no longer be accepting investments.

Fundrise Deal Report

Get Kingscrowd's comprehensive report on Fundrise including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Fundrise is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Fundrise deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge