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Mogul Grabs $15.5M Series A Round

2026-10-13
WASHINGTON, DC, Mogul, the AI-powered real estate investing platform, today announced it closed a $15.5 million Series A round led by Draper Associates, 55% above its original $10 million target.
To date, Mogul's total funding exceeds $23.6 million. The Series A values the company at $126 million.

Key investors in the round include Tim Draper, founder of Draper Associates and a prominent Silicon Valley venture capitalist. An early seed investor and an active backer of Mogul, Draper has a track record of investing in companies such as Tesla, SpaceX, Coinbase, and Robinhood in their earliest stages. Stephen Sullivan, Co-Founder and CEO of BlueChew wrote the round's largest check and brings firsthand experience building and scaling a direct-to-consumer business. Other investors include Draper Dragon, Avalanche Blizzard Fund, Jason Calacanis' LAUNCH, Venture Togethers, and Gaingels, among other strategic angel investors across top tech and insurtech firms.

Mogul is an AI-driven real estate investing platform built by real estate investors, for real estate investors. Founded in 2022 by former Goldman Sachs Real Estate Investment Group alums Alex Blackwood and Joey Gumataotao, Mogul enables individuals to invest in individual properties and build diversified portfolios of single-family rentals, making residential real estate more accessible to a broader range of investors. By combining institutional-grade underwriting with AI-powered supply infrastructure, asset management, and investor operations, Mogul delivers an efficient and transparent investment experience.
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