What is Sharestates?
Sharestates distinguishes itself as a diversified real estate fintech company, offering a unique investment marketplace. This platform empowers individual and institutional investors to engage with meticulously vetted debt offerings. Founded by Allen Shayanfekr, alongside real estate veterans Radni Davoodi and Raymond Y. Davoodi of the Atlantis Organization, Sharestates has adeptly merged proprietary technology with extensive business development acumen. This synergy has propelled its rapid expansion, positioning it as one of the fastest-growing entities in the real estate marketplace landscape. Key factors contributing to its success include a robust leadership team, stringent underwriting protocols, its capacity to reduce capital costs for borrowers, and an intuitive platform user experience for both borrowers and investors.
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
Key Investors in Sharestates
Ares
Ares Management Corporation is a leading global alternative investment manager offering complementary primary and secondary investment solutions across credit, real estate, private equity, and infrastructure asset classes.
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Sharestates?
With the infusion of major enterprise-level funding, Sharestates is poised for continued expansion and market penetration. The strategic capital injection is expected to fuel further development of its proprietary technology, enhance its underwriting capabilities, and broaden its reach within the real estate fintech ecosystem. The company's focus on reducing the cost of capital for borrowers while providing accessible, vetted investment opportunities suggests a strategic emphasis on scaling its marketplace operations and solidifying its competitive advantage. Future growth will likely involve expanding its investor base and potentially exploring new debt offering structures or asset classes.
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