As a fantastic way to end their week, two Founder Institute Graduates announced a combined total of $19 million in funding for their respective companies on Thursday. Jilliene Helman, co-founder and CEO of Realty Mogul, received Series A funding for her company totaling $9 million, while Gagan Biyani, co-founder and CEO of Sprig, announced a $10 million Series A round for his own startup.
The news of the Realty Mogul funding was covered on multiple media outlets including the Wall Street Journal, Pando Daily, and TechCrunch, which also covered the Series A funding announcement by Sprig.
Launched in early 2013, Jilliene Helman and her company Realty Mogul are Graduates of the Los Angeles Founder Institute. The real estate crowdfunding startup recently made headlines for their members having invested $14.6 million dollars into real estate properities valued at over $100 million combined. In addition, the recent $9 million funding for Realty Mogul is also reportedly one of the largest Series A rounds ever closed by a female-led company.
Before leaving to start Sprig, Gagan Biyani was the co-founder of the highly successful Founder Institute Graduate Udemy and is himself a Graduate of the Silicon Valley Founder Institute. He had also spent time as an adviser for Lyft before helping to create Sprig, a healthy food delivery service that currently operates in San Francisco.
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