iFunded, a Berlin, Germany-based digital real estate investment platform for institutional investors, raised €4m in Pre-Series A round of financing.
The round was led by Evan Group with participation from Torsten Pfeifer, Treuenburg Group, Creathor Ventures, CEO Michael Stephan, Torsten Pfeifer, and 32nd Floor GmbH.
The company intends to use the funds to grow the department supporting institutional investors and integrate blockchain technology.
Led by Stephan, Founder and CEO, and Jan-Oliver Sell, COO, iFunded is an online real estate investment platform for institutional and private investors, offering pre-vetted real estate investment opportunities. By using the platform, real estate developers and project owners can raise funds for their projects
while institutional investors get exclusive access to a variety of on- and off market deals and invest into projects thoroughly vetted by the company’s real estate expert team. Projects are sourced based on the individual investment strategy.
iFunded just recently launched www.iestate.de as a second brand implementing blockchain technology in the platform with the goal to make real estate investment transactions accessible, transparent and more cost efficient.