The London-based online real estate investment platform BrickVest has succeeded in raising £4m to accelerate growth. This latest round of fundraising was pitched at £2m, but was upsized to help launch new products and add a dedicated solution for family offices and institutional investors.
BrickVest is backed by 44 angel investors who include leading real estate, finance and tech industry figures.
The company says that it is shifting the model of how to invest in real estate across the globe by combining the best practices of institutional quality investing in real estate with cutting edge technology, first-class governance and regulatory framework that puts the investor first.
Emmanuel Lumineau, CEO at BrickVest, said:
“2016 has been a very exciting year where both sponsors and investors have strongly backed our approach to democratise access to institutional real estate investments, in highly secured and low cost environment. We are pleased to have attracted institutional sponsors and trust of thousands of Investors and family offices that are seeing BrickVest as a Solution platform.
“In particular, strong interest has convinced the board to accelerate the development of our product range with the launch of dedicated products for larger ticket investors coupled with automated liquidity platform and risk rating analytics. This additional funding will enable us to continue investing in 2017 in our in-house technology and scaling our innovative platform in line with soaring levels of demand for accessible real estate investment.”
Jean-Romain Lhomme, investor and Board Member, added: “I invested into BrickVest because I believe the company is about to disrupt the model of how to invest in real estate around the globe from small private investors to large institutions. BrickVest is not a crowdfunding platform, it’s a state-of-the-art solution platform for sophisticated investors and sponsors, with a strong and unique positioning as a that encompasses fintech, proptech and regtech.”
