Funding-round

Groundfloor - Series B

CompanyGroundfloor
Amount$18,000,000
CurrencyUSD
Announcement date2022-02-21
Round typeSeries B
Primary source urlhttps://techcrunch.com/2022/02/21/groundfloor-steps-up-its-real-estate-debt-crowdfunding-platform-with-fresh-capital/
Terms or valuationDirect company financing included $5.8 million in Medipower equity, $7.2 million from SeedInvest backers, and $5.0 million in convertible notes from 86 Groundfloor app investors; TechCrunch also reported up to $100 million of Medipower loan investments on the platform in 2022.

Participating investors