NEW YORK, NY, Fund That Flip, the real estate-focused fintech platform, today announced the first close of its $20 million Series B funding round.
The financing was led by GPO Fund of New York, with participation from MassMutual Ventures and Tribeca Early Stage Partners. More than 50 Fund That Flip clients also participated in the capital raise via an AngelList syndicate led by proptech investor, Jonathan Wasserstrum. Earlier investors included Edison Partners and SoundBoard Venture Fund. The investment will help further the expansion of the firm's proprietary technology platform that provides investors access to scalable capital and passive investment opportunities. The raise will also accelerate the company's national expansion, development of technological innovations for an underserved industry, and exploration of global opportunities.
Fund That Flip is the leading end-to-end platform for local real estate entrepreneurs. The company's technology platform focuses on providing solutions for the entire residential real estate market and passive wealth generation for both individual and institutional investors. With offices in New York City and Cleveland, Ohio, Fund That Flip helps restore communities across the United States through its network of experienced, dedicated real estate entrepreneurs, backed by a diverse base of investors.
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