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groundfloor.us

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Founded Year

2013

Stage

Loan | Alive

Total Raised

$18.31M

Last Raised

$680K | 2 yrs ago

Revenue

$0000 

Mosaic Score

+30 points in the past 30 days

What is a Mosaic Score?
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

About Groundfloor

Groundfloor opens private capital markets to all. Groundfloor is qualified by the U.S. Securities & Exchange Commission to offer direct real estate debt investments via Regulation A for non-accredited and accredited investors alike. Groundfloor connects users with a variety of real estate opportunities offered by developers who are expanding beyond the limitations of bank loans.

Groundfloor Headquarter Location

600 Peachtree St. NE Suite 810

Atlanta, Georgia, 30308,

United States

919-442-8625

Latest Groundfloor News

09:19 ET Groundfloor is named to Deloitte's Technology Fast 500 List for the second straight year

Nov 18, 2021

In Q3, the wealthtech platform continued to grow at a record pace, achieving $74.3 million in investment activity News provided by Share this article Share this article ATLANTA, Nov. 18, 2021 /PRNewswire/ --  Groundfloor , the wealthtech platform that allows everyone to build wealth through real estate, is pleased to announce that it is once again among the fastest growing technology companies in the country. Today, Deloitte revealed that Groundfloor is on its Technology Fast 500 List, which recognizes the most innovative and fastest-growing private tech companies. This marks Groundfloor's second consecutive appearance on Deloitte's Fast 500 List, and comes on the heels of another record-breaking quarter for the wealthtech platform. In Q3, Groundfloor achieved $74.3 million in investments, a 21% increase compared to the previous quarter and a 67% increase over Q3 2020. Groundfloor's newest product, the mobile app Stairs, is also achieving early success, already surpassing $13 million in investments in its first two months. "This honor is a tribute to the mass market retail investors who continue to drive our growth as they pour an increasing share of their capital into alternative investments," said Groundfloor co-founder and CEO Brian Dally. "The early traction with our new mobile app, Stairs, indicates how hungry investors are for flexible, short-term, high-yield offerings. We look forward to continuing to innovate with more to come for the benefit of non-accredited and accredited investors alike." Additional Q3 momentum for Groundfloor includes: Releasing 250 loans for funding, resulting in a quarterly record $40.4 million in investments. Issuing over $22.3 million in repayments on 137 properties to investors and $27.0 million in Groundfloor Notes repayments for a total of $49.3 million. Posting a weighted average net annualized return of 9.6% on loans repaid in the quarter net of a loss ratio of just 0.8%. Growing our investor base by nearly 17,000 investors to reach 130,000 total registered users. Surpassing $185 million in year-to-date investment volume and $500 million all-time. In total, Groundfloor has repaid $385.3 million with a yield of 10% since its inception. Securing additional industry recognition from the Inc. 5000 list of fastest-growing companies, Benzinga's Global Fintech Awards, Atlanta's TiE Growth and Impact Awards and certification as a 2021 Great Place to Work. Groundfloor was founded in 2013 by Dally and Nick Bhargava, who helped to author the JOBS Act of 2012. At the time, Groundfloor was an unknown company with a new concept in a new category. It became the very first issuer qualified by the Securities and Exchange Commission to offer real estate debt investments to accredited and non-accredited investors alike, making it easy for anyone to build an investment portfolio of real estate loans throughout the country. Today, it continues to offer the lowest barriers to entry and the most transparency for all investors who want to invest in real estate-backed securities. About Groundfloor Founded in 2013, Groundfloor is an award-winning wealthtech platform that allows everyone to build wealth through real estate. Groundfloor was the first company qualified by the U.S. Securities & Exchange Commission to offer direct real estate debt investments via Regulation A for non-accredited and accredited investors alike. Today, it remains the only product offering everyone the ability to build fully customizable real estate debt portfolios for short-term, high-yield returns. Headquartered in Atlanta, Groundfloor has won numerous awards for its rapid growth and innovation including the Inc. 5000 and Deloitte's Technology Fast 500. To date, Groundfloor has raised $30 million in equity capital from a variety of sources, including venture capital and online public equity offerings. As of its most recent round of financing, the company is 30 percent customer-owned. About Stairs by Groundfloor Created by Groundfloor, Stairs is a new type of investing app that radically reimagines the complicated world of alternative investing. Based on the success of Groundfloor's platform over its eight-year track record, Stairs leverages high-yield, short-term debt notes to secure your money and deliver an exceptional rate of interest. Through Stairs, investors can earn 4-6% annualized — up to 600 times the interest provided by traditional savings accounts. Investments made through Stairs are not FDIC insured. For more information or to download the Stairs app via StairsApp.com . MEDIA CONTACT:

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Expert Collections containing Groundfloor

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Groundfloor is included in 4 Expert Collections, including Mortgage Tech.

M

Mortgage Tech

218 items

Companies here streamline and digitize the mortgage lending process. Collection includes direct lenders, mortgage brokers, process optimization technologies for lenders, as well as tools that support borrowers throughout the search and application phases.

R

Real Estate Tech

2,221 items

Startups in the space cover the residential and commercial real estate space with a focus on consumers. Categories include buying, selling and investing in real estate (iBuyers, marketplaces, investment/crowdfunding platforms), and also tenant experience, property management, et

D

Digital Lending

1,335 items

This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.

F

Fintech

7,256 items

US-based companies

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