News
Los Angeles Capital Markets

Realty Mogul Scores $35M in New Funding

We chatted with Realty Mogul CEO Jilliene Helman this morning, who tells us the crowdfunding platform's Series B financing round (led by Sorenson Capital with additional funding from Canaan Partners, the lead investor in the company’s Series A financing) will be focused on hiring. She says the firm has about 80 employees, and she's expecting to hit 120 by the end of the year (the company had 10 a year ago). In addition, Jilliene tells us the funding will allow the company to expand into other markets, with an immediate focus on Atlanta and Texas. Just last week, Realty Mogul made quite the splash, bringing in two big originators from private equity firm Colony Capital.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Los Angeles Newsletters
Related Stories

JVP Development Is Betting $37M Of Its Own Money That Frisco Is Ready For Spec Office

Treasuries Hover Around 4.7% As Wall Street Questions If Warsh Is A 'Dove In Hawk's Clothing'

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Developers Riding The Surf Park Wave With Resorts, Retail And Residences

JLL Nearly Doubles Profits, Fueled By Leasing Rebound

Oyster Point's Second Phase Half-Leased As Kilroy Navigates Soft Lab Demand

Dewberry's Midtown Eyesore Quietly Resolves $75M Mortgage

Newmark Posts Record Q2 Revenue, Holds Guidance Flat

BXP's 343 Madison Lands $1.2B Loan, Nears Deal With Equity Partner

Fed Holds Rates In Split Decision As Iran War Hampers Inflation Fight

Immigration Crackdowns Dealt LA Businesses A Multimillion‑Dollar Blow

Fined For Rotting Food At Burned LA Cold Storage Warehouse, Lineage Plans To Rebuild