Tech Company Financing Transactions

Groundfloor Funding Round

Groundfloor, operating out of Atlanta, secured $118 million in investment from Medipower, SeedInvest and private investors.

Transaction Overview

Company Name
Announced On
3/15/2022
Transaction Type
Debt
Venture Equity
Amount
$118,000,000
Round
Undisclosed
Proceeds Purpose
Groundfloor plans to use these funds to scale its operations, with a focus on customer acquisition and product development.

Company Information

Company Status
Private & Independent
Industry
Real Estate
Mailing Address
600 Peachtree St. NE 810
Atlanta, GA 30308
USA
Email Address
Overview
GROUNDFLOOR is a new financial tool for retail investors. We open the door to short-term, high-yield returns backed by real estate.
Profile
Groundfloor LinkedIn Company Profile
Social Media
Groundfloor Company Twitter Account
Company News
Groundfloor News
Facebook
Groundfloor on Facebook
YouTube
Groundfloor on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Brian Dally
  Brian Dally LinkedIn Profile  Brian Dally Twitter Account  Brian Dally News  Brian Dally on Facebook
Vice President
Richard Pulido
  Richard Pulido LinkedIn Profile  Richard Pulido Twitter Account  Richard Pulido News  Richard Pulido on Facebook
VP - Engineering
Justin Burris
  Justin Burris LinkedIn Profile  Justin Burris Twitter Account  Justin Burris News  Justin Burris on Facebook
VP - Engineering
Chris Schmitt
  Chris Schmitt LinkedIn Profile  Chris Schmitt Twitter Account  Chris Schmitt News  Chris Schmitt on Facebook
VP - Finance
Benjamin Sutton
  Benjamin Sutton LinkedIn Profile  Benjamin Sutton Twitter Account  Benjamin Sutton News  Benjamin Sutton on Facebook
VP - Marketing
Rhonda Hills
  Rhonda Hills LinkedIn Profile  Rhonda Hills Twitter Account  Rhonda Hills News  Rhonda Hills on Facebook
VP - Regulatory Affairs
Nick Bhargava
  Nick Bhargava LinkedIn Profile  Nick Bhargava Twitter Account  Nick Bhargava News  Nick Bhargava on Facebook


 

 

Browse more venture capital transactions:

Prev: 3/15/2022: AllSeated venture capital transaction
Next: 3/15/2022: Clickatell venture capital transaction

 

Share this article

 


About Database of VC Transactions

We record every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary