What is Concreit?
Based in Seattle, Concreit operates a specialized mobile application designed to streamline the process of investing in real estate investment trusts (REITs). By removing traditional barriers to entry, the platform provides retail investors with a simplified interface for portfolio diversification. The company occupies a critical niche at the intersection of property markets and digital financial services, effectively bridging the gap between complex institutional-grade assets and individual wealth management needs. Its market position is defined by a commitment to transparency and user-centric design, which has become a hallmark of its operational model.
How much funding has Concreit raised?
Concreit has raised a total of $6M across 1 funding round:
Angel/Seed
$6M
Angel/Seed (2021): $6M with participation from Matrix Partners, Jon Stein, Andy Liu, Hyphen Capital, and Ben Elowitz
Key Investors in Concreit
Matrix Partners
A long-standing venture capital firm established in 1977, focusing on early-stage investments across software, internet, and wireless sectors.
Hyphen Capital
A growth-oriented investment firm specializing in business transitions and operational evolution for owner-managed enterprises.
Jon Stein
An individual investor and industry expert providing strategic backing to early-stage financial technology ventures.
What's next for Concreit?
Following this major strategic investment, Concreit is well-positioned to accelerate its product development roadmap and expand its user base. The influx of capital will likely be directed toward enhancing the platform's underlying infrastructure, ensuring that the mobile experience remains robust as transaction volumes scale. Furthermore, the company is expected to focus on deepening its market penetration, potentially exploring new asset classes or regulatory integrations that could further simplify the REIT investment experience. As the firm transitions into this next phase of growth, the focus will remain on maintaining operational excellence while navigating the evolving regulatory environment governing digital real estate securities.
See full Concreit company page