What is Sharestates?
Sharestates operates a distinctive real estate investment marketplace, enabling both individual and institutional investors to engage with rigorously vetted debt offerings. Founded by Allen Shayanfekr alongside real estate veterans Radni Davoodi and Raymond Y. Davoodi of the Atlantis Organization, the company has adeptly merged proprietary technology with extensive business development acumen. This strategic combination has positioned Sharestates as one of the most rapidly expanding platforms in the real estate fintech sector. Its notable growth is a testament to a strong leadership team, stringent underwriting protocols, its capacity to reduce capital costs for borrowers, and the inherent user-friendliness of its platform for all participants.
How much funding has Sharestates raised?
Sharestates has raised a total of $102.2M across 3 funding rounds:
Debt
$1M
Debt
$1.2M
Debt
$100M
Debt (2020): $1M with participation from PPP
Debt (2021): $1.2M led by PPP
Debt (2022): $100M supported by Ares Management Corporation
Key Investors in Sharestates
Ares Management Corporation
Ares Management Corporation is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, real estate, private equity and infrastructure asset classes.
What's next for Sharestates?
The recent major strategic investment signals a pivotal phase for Sharestates, likely indicating a move towards scaling operations and enhancing its technological infrastructure. With a foundation built on rigorous vetting and cost-effective capital solutions, Sharestates is well-positioned to further penetrate the real estate investment market. Future developments may include expanding its debt offering portfolio, enhancing its digital marketplace capabilities, and potentially exploring new asset classes or geographic markets to solidify its position as a leader in real estate fintech.
See full Sharestates company page
