Los Angeles based crowdfunding platform that gives investors easy access to high-yielding loans that are collateralized with real estate raised $60m in Series C funding led by Colchis Capital.
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Real Estate Fintech PeerStreet Raises $60 Million In Series C Funding
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Brett Crosby, PeerStreet’s co-founder said he was excited about this round because of the type of investors PeerStreet is bringing on. “We had multiple term sheets and opportunities,” said Crosby. “In this round we went with investors who can expand our business and bring on people who are in the debt buying space.” Colchis Capital has been a strategic partner of PeerStreet for years as an investor and also offering loans on the marketplace.
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