RealtyMogul.com Grabs $35M Funding, Near $150M Valuation
July 16, 2015
RealtyMogul.com has raised a $35 million Series B financing led by Sorenson Capital, with participation from existing investor Canaan Partners. The round values the company at nearly $150 million. RealtyMogul.com previously raised $9 million at a $35 million valuation in March 2014; its online marketplace for real estate investing connects borrowers and sponsors to capital from accredited and institutional investors, making equity and debt more accessible. To date, the company has helped fund 240 properties totaling more than $500 million in value.