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Realty Mogul, a two-year old startup that helps investors fund real estate projects, has raised $35 million in Series B funding led by Sorenson Capital. The funding will allow Realty Mogul to expand its technology and data science team, improving its ability to analyze deals and risk.
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It seems like there are more and more startups getting into real estate crowdfunding, at least judging from my inbox. When I brought this up with Helman, she said, “It’s definitely become more competitive from the sense of people saying in they’re business … But we’re not running into any online competitors. It’s still such a massive market, and I just don’t know anyone who’s gotten the size and scale that we have.”
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