Yieldstreet, a NYC-based digital investing platform, raised $100m in Series C funding round.
The round was led by Tarsadia Investments, joined by Kingfisher Investment, Top Tier Capital Partners and Gaingels, as well as existing investors Edison Partners, Soros Fund Management, Greenspring Associates, Raine Ventures, Greycroft and Expansion Venture Capital.
The company intends to use the funds to expand its user base, develop new investment products, explore international expansion, and pursue strategic acquisitions.
Founded by Milind Mehere and Michael Weisz, Yieldstreet provides access to alternative investments across a range of asset classes such as Real Estate, Commercial, Consumer, Art, Marine, Legal Finance and Aviation. Since its founding in 2015, the company has funded over $1.9 billion of investments.
The company, headquartered in New York City, has offices in Brazil, Greece, and Malta.
FinSMEs
02/06/2021