CAPITALRISE SECURES FUNDING FROM REVOLT VENTURES
London. CapitalRise, the prime property investment platform, has secured the backing of Revolt Ventures. Revolt has provided £1 million equity funding to accelerate the growth of the business. This follows CapitalRise’s highly successful Seedrs crowdfunding raise earlier this year and brings the total funds raised in this round to £3.3 million.
Revolt Ventures is the venture capital arm of multibillion-dollar real estate investment manager, Meyer Bergman. With over $6 billion of funds under management, Meyer Bergman’s work includes the repositioning of Burlington Arcade.
Following the fund raise, CapitalRise’s CEO and Co-Founder, Uma Rajah, said,
“To receive backing from such eminent investors reflects sustained confidence in our proposition. Our track record delivering strong returns at an average 10% per annum with zero losses and defaults since inception reflects our vigilance and strict due diligence when it comes to choosing investment opportunities.
Both CapitalRise and Revolt Ventures are united in their vision to disrupt the traditional real estate market and encourage innovation across the sector. We are excited to join the Revolt Ventures portfolio, and benefit from the expertise and guidance of the experienced Meyer Bergman team.”
CapitalRise will use the funds to drive forward business activities in order to reach the next major milestone for the business, achieving its £100 million target of total lending. To date, CapitalRise has lent almost £50 million against over £330 million of property assets in locations such as Mayfair, Knightsbridge and the Home Counties.
The CapitalRise team offer a wealth of expertise in prime property development and investment. With tax-free returns available through the company’s Innovate Finance ISA, these investments fund some of the finest real estate developments in London and the Home Counties.
Ted Orf, Co-Founder of Revolt Ventures said
“Revolt is excited to be working with the CapitalRise team and look forward to supporting their work. With such an impressive founding team, their property and fintech expertise has helped them to prove their product-market fit, whilst their strong growth trajectory demonstrates the company’s ability to successfully scale in a competitive market. CapitalRise’s achievements to date are truly impressive, and we look forward to helping them realise their vision as they continue in their remarkable growth.”
Caitlin Soulsby or James Godfrey
Brazil (PR agency for CapitalRise)
020 7785 7383
CapitalRise offers its investors access investments into loans funding prime property development in the finest locations.
With a minimum investment of just £1,000, without charging any fees to join or invest, investing with CapitalRise is accessible. Investors collectively fund loans to property developers, with potential returns of 8-12% per year.