BizSugar.com › Finance › Fundrise Revs Up: Realty Crowdfunding Fast Gaining Ground Across the US

The profile of success in the real estate crowdfunding industry is accelerating. Realty Mogul, a leading player in the realty crowdfunding arena, was able to obtain $9 million in Series A funding in March 2014 to expand its operations. Another leading firm, Groundfloor is expanding its operations and market base to make investment opportunities available to 43 million Americans. And just recently, Fundrise hit a major milestone: raising over $10 million from investors in over $38 million worth of deals done on their platform.
“We are now raising roughly $1 million a week. That’s $25,000 per hour,” said Co-Founder Daniel Miller.