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FUNDRISE REAL ESTATE INVESTMENT TRUST, LLC

Operating

Real Estate · Washington, DC

Estimated pre-money ⓘ
$124.0M
As of Jan 2020 · from Reg A Offering (2020) · our estimate: offering price × shares outstanding, not a stated valuation
Total raised
$44,119,799
Crowd $39.7M · Private $4.5M · 4 rounds since 2015
Latest share price
$10.00
Reg A+ · Equity · Jan 2020 offering price

Financials

FY2014–FY2021 · from SEC filings · hover any figure for its source
$0
2014
−$61K
2015
$3.8M
2016
$5.2M
2017
$4.4M
$7.3M
2018
$9.4M
$8.3M
2019
$12.1M
$9.2M
2020
$7.2M
$5.5M
2021
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2014 audited
FY2015 audited
FY2016 audited
FY2017 audited
FY2018 audited
FY2019 audited
FY2020 audited
FY2021 audited
Income statement
Revenue
$0
—
—
—
$4,429,000
$9,355,000
$12,069,000
$7,228,000
Cost of goods sold
$0
—
—
—
$516,000
—
—
—
Gross margin
—
—
—
—
88%
—
—
—
Net income
$0
-$61,000
$3,789,000
$5,212,000
$7,257,000
$8,271,000
$9,176,000
$5,469,000
Balance sheet
Cash
$0
$7,224,000
$7,087,000
$11,169,000
$3,125,000
$4,162,000
$38,896,000
—
Accounts receivable
$1,000
—
—
—
$73,953,000
—
—
—
Total assets
$1,000
$13,399,000
$50,400,000
$73,734,000
$95,565,000
$137,235,000
$185,887,000
—
Long-term debt
$0
—
—
—
$0
—
—
—
Total liabilities
$0
$3,354,000
$3,060,000
$2,888,000
$5,059,000
$14,238,000
$36,818,000
—
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, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$124.0M
est. pre-money
Reg A+ · Equity · Jan 2020

Dotted grey bars are our estimate for rounds that didn't state one: the round's share price × the shares outstanding in its filings. Same measure as blue, but rougher.

Cap table

Share counts as of May 12, 2021
ClassOutstandingVotes / shareShare of totalLast price
Common Shares15,086,611—100.0%$10.00Jan 2020

Shares outstanding over timein today's share terms

15M7.6M0
Nov 2015May 2021
Common SharesRound opened

Sold to the crowd

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Raised $39.7M / $13.2MEst. pre-money $124M
Raised $3.3MInvestors 22
Raised $0 / $50M
Raised $1.2M

Team

3 people
Benjamin S. Miller
Chief Executive Officer and Interim Chief Financial Officer and Treasurer
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.

  • Form 1-ZApr 26, 20220001104659-22-050287
    EDGAR
  • Form 1-KApr 25, 20220001104659-22-049138
    EDGAR
  • Form 253G2Mar 31, 20220001104659-22-040803
    EDGAR
  • Form 1-UMar 31, 20220001104659-22-040801
    EDGAR
  • Form 1-UMar 15, 20220001104659-22-033914
    EDGAR
  • Form 253G2Mar 15, 20220001104659-22-033921
    EDGAR
  • Form 253G2Mar 3, 20220001104659-22-030034
    EDGAR
  • Form 1-UMar 3, 20220001104659-22-030029
    EDGAR
Source: SEC EDGARCIK 0001645583DEShare price $10.00Last 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.