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Los Angeles Grad, Realty Mogul Launches Its Crowdfunding Platform and Raises $500k

Posted by Amity Sims on 2013-03-20

Los Angeles real estate crowdfunding platform, Realty Mogul has been moving at lightning speed ever since founder, Jilliene Helman decided to quit her job and pursue the concept full time. As an alumni of two startup accelerators (The Founder Institute and Microsoft Azure), a winner of a major pitch competition, and featured articles in several tech publications, Realty Mogul has seized every opportunity that's come their way.

Today, it looks like all their hard work has paid off. TechCrunch announced the launch of the Realty Mogul platform as well as a $500k seed round from Gust CEO David S. Rose, Gordon Stephenson (who’s on the board of directors at Zillow), and serial entrepreneur Sky Kruse. Although today marks the official launch, Realty Mogul just completed its first project  — AH Capital used the site to raise $110,000 to purchase and rehabilitate a duplex in Los Angeles.

Staying true to their “grow as quickly as humanly possible” mantra, the startup will also be participating in next week’s Founder Showcase Pitch Competition. To see what Realty Mogul has in store for Wednesday’s event, purchase your tickets to the March 27th showcase where Helman and the team will battle it out on stage with 7 other startup hopefuls.

To learn more about Realty Mogul, click here to read the full article by Anthony Ha on TechCrunch.

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