RealtyShares, a San Francisco, CA-based online marketplace for real estate investing, raised $20m in Series B financing.
The round was led by Union Square Ventures, with participation from existing investors Menlo Ventures and General Catalyst Partners.
The company will use the funds to expand operations.
Led by Nav Athwal, CEO, RealtyShares connects accredited investors to real estate investment opportunities nationwide.
The site currently offers fix-and-flip loans, preferred equity and other mezzanine financing products, joint venture equity, and commercial loans alongside key institutional capital partners.
To date, the platform has raised over $130m for over 290 investments in over 1,600 properties.