Groundbreaker, a Chicago, IL – based software solution for real estate investment firms, raised $2m in seed funding.
The round was led by Andrew Bluhm, of the family behind Rivers Casino, Walton Street Capital, and marquee Chicago properties.
The company intends to use the funds to invest in product and on customer growth.
Led by CEO and founder Jake Marmulstein, Groundbreaker provides a management software platform to streamline investment management, fundraising, and investor relations for real estate investment firms that raise capital from individuals.
Bootstrapped since 2015, the company supports $3 billion in assets under management and thousands of individual investors.