Groundfloor
Empowering investors to grow wealth through alternative real estate investing
Overview
Raised: $827,102
Total Commitments ($USD)
Republic
09/04/2024
10/31/2024
$100
Equity - Preferred
RegCF
$50.00
2014
Real Estate & Construction
Fintech
Atlanta, Georgia
Summary Profit and Loss Statement
| FY 2023 | FY 2022 | |
|---|---|---|
|
Revenue |
$20,372,237 |
$21,792,723 |
|
COGS |
$2,527,040 |
$2,040,488 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-4,524,750 |
$-5,370,918 |
Summary Balance Sheet
| FY 2023 | FY 2022 | |
|---|---|---|
|
Cash |
$6,249,581 |
$4,466,138 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$336,542,473 |
$299,685,142 |
|
Short-Term Debt |
$297,978,347 |
$267,857,007 |
|
Long-Term Debt |
$30,239,607 |
$22,349,557 |
|
Total Liabilities |
$328,217,954 |
$290,206,564 |
Raise History
| Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Groundfloor | 10/31/2024 | Republic | - | $827,102 | Equity - Preferred | Active | RegCF |
| Groundfloor (Finance) | 11/18/2022 | Wefunder | $243,407,782 | $2,290,044 | Equity - Preferred | Funded | RegCF |
| Groundfloor (Finance) | 06/30/2019 | Self Managed | $51,848,310 | $3,012,894 | Equity - Preferred | Funded | RegA+ |
| Groundfloor (Finance) | 06/30/2018 | Self Managed | $27,287,500 | $4,228,670 | Equity - Common | Funded | RegA+ |
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
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