Casa Shares, a Rexburg, ID-based provider of a SEC qualified real estate investing platform, raised $1.5M in Pre-Seed funding, at a $10M valuation.
The round was led by a group of private investors.
The company intends to use the funds to expand operations and development efforts.
Founded by Mirza Beg and McKay Francis, Casa Shares simplifies the real estate investment process, enabling users to acquire shares in prime income properties within minutes. Beyond providing a platform, it manages properties, offering investors the chance to earn passive income and benefit from property appreciation, all while solving the typical issues of real estate investment.
To date, Casa Shares has released their first offering, The Lorene, a premium condominium in Rexburg, Idaho—a college town and home to Brigham Young University – Idaho. Looking ahead, the company is set to broaden its portfolio with diverse properties and locations and is also developing an iOS app to refine the investment experience.
FinSMEs
23/04/2024