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Fundrise Development eREIT, LLC

Operating

Washington, DC

Latest valuation
—
No round has disclosed a priced valuation or cap.
Total raised
$19,938,613
Across 2 rounds since 2021
Latest share price
$10.77
Reg A Offering (2022) offering price

Financials

FY2020–FY2021 · from SEC filings · hover any figure for its source
$559K
−$398K
2020
$2.3M
−$846K
2021
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2020 audited
FY2021 audited
Income statement
Revenue
$559,000
$2,333,000
Cost of goods sold
$720,000
$2,126,000
Gross margin
-29%
9%
Net income
-$398,000
-$846,000
Balance sheet
Cash
$7,895,000
$7,647,000
Accounts receivable
$147,000
$153,000
Total assets
$54,424,000
$159,881,000
Long-term debt
$0
$37,254,000
Total liabilities
$3,944,000
$49,943,000
Other
Headcount
0
0

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited; no pill means the filing didn’t state one. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Fundraising history

Reg A Offering (2022)ClosedReg A+ · Equity
Raised $19.9M / $19.9M
Reg A Offering (2021)ClosedReg A+ · Equity
Raised $0 / $49.4M

Team

4 people
Benjamin S. Miller
Chief Executive Officer
Alison A. Staloch
Chief Financial Officer
Bjorn J. Hall
General Counsel, Chief Compliance Officer and Secretary
Brandon T. Jenkins
Chief Operating Officer

Names and titles as disclosed on SEC Form 1-A. Bios and photos come from the platform campaign page and may be out of date.

SEC filings

View all 188 filings on EDGAR
  • Form 1-ZMay 15, 20260001104659-26-061660
    EDGAR
  • Form 1-KApr 30, 20260001104659-26-053110
    EDGAR
  • Form 1-UApr 29, 20260001104659-26-050673
    EDGAR
  • Form 1-UApr 1, 20260001104659-26-038640
    EDGAR
  • Form 1-UJan 2, 20260001104659-26-000021
    EDGAR
  • Form 1-UOct 1, 20250001104659-25-095426
    EDGAR
  • Form 1-SASep 18, 20250001104659-25-091191
    EDGAR
  • Form 1-UJul 1, 20250001104659-25-064344
    EDGAR
Source: SEC EDGARCIK 0001768726DEShare price $10.77Last synced Aug 16, 2026

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.