iFunded, a Berlin, Germany-based real estate crowdinvesting platform, received a euro seven digit investment in a pre-Series A round.
Creathor Venture provided the funding.
The company will use the funds to expand operations and user adoption.
Led by Michael Stephan, founder and CEO, iFunded.de is a real estate crowdinvesting platform which allows both private and institutional investors to invest alongside real estate experts directly in the real estate projects of their choice.
iFunded recently launched and placed its first project, Central Berlin. Investors can invest with as little as 250 Euro and above. There are no fees for investors. In return for providing funding for a refurbishment and modernization program, investors receive interest payments on their loan.
A host of other projects are also now open to investors.