Realized Raises $6M in Series A Funding

realized1031Realized, an Austin, Texas-based technology-enabled platform that provides wealth management solutions for investment properties, raised $6m in Series A funding.

The round was led by Calibrate Ventures and joined by Rice Park Capital. In conjunction with the funding, Kevin Dunlap, Co-Founder of Calibrate Ventures, will join the Realized Board of Directors.

The company intends to use the funds to expand the real estate platform’s team and technology.

Led by David Wieland, CEO, Realized enables investors to tax-efficiently redeploy equity from legacy investment properties into diversified (by property type, geography, tenant, and more), passive income portfolios, customized to their needs.
Using 1031 “like-kind” exchanges* and other tax-deferment mechanisms, the system allows investors to co-invest in diversified commercial property portfolios that are designed to offer potential income without landlord responsibilities.
Through the platform, investors can compare and evaluate a variety of 1031-qualified co-investment options and develop a portfolio reinvestment plan with the assistance of trained real estate professionals.

FinSMEs

10/09/2019

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