PeerStreet
Proptech / FintechUSAClosed 2023
Total Raised
$100M
Peak Valuation
Undisclosed
Employees
—
Year Collapsed
2023
Business model
Crowdfunded marketplace letting individual investors buy fractional shares of real estate debt (short-term property loans).
In brief
Opened up real estate debt investing — traditionally accessible only to institutions — to individual retail investors through a fractional crowdfunding marketplace, backed by prominent venture investors including Andreessen Horowitz. Rising interest rates sharply cooled the short…
See the What Happened tab for the full account.
Key facts
- Founded
- 2013
- Closed
- 2023
- Headquarters
- El Segundo, USA
- Industry
- Proptech / Fintech
- Employees
- —
- Revenue
- Undisclosed
- Founders
- Brew Johnson, Brett Crosby
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Often compared with: Fundrise, Groundfloor.