A wealthtech platform that lets everyone build wealth through real estate lending
Post-money valuation โ
$303.2M
As of Nov 2024 ยท from Groundfloor Preferred Stock 2 ยท pre-money + amount raised, not a traded price
Total raised
$10,868,215
Across 4 rounds since 2020
Latest share price
$50.00
Groundfloor Preferred Stock 2 offering price
Financials
FY2014โFY2024 ยท from SEC filings ยท hover any figure for its source
$16K
โ$948K
2014
$805K
โ$2.0M
2016
$6.4M
โ$3.8M
2019
$5.5M
โ$4.8M
2020
$11.2M
โ$3.9M
2021
$21.8M
โ$5.4M
2022
$20.4M
โ$4.5M
2023
$26.7M
โ$14.3M
2024
RevenueNet income โ beside revenue when positive, below the line when a loss
Metric
FY2014
FY2016
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
Income statement
Revenue
$16,224
$804,936
$6,403,113
$5,451,538
$11,220,099
$21,792,723
$20,372,237
$26,715,095
Cost of goods sold
$5,243
$117,587
$9,082,610
$611,436
$1,363,150
$2,040,488
$2,527,040
$2,658,630
Gross margin
68%
85%
-42%
89%
88%
91%
88%
90%
Net income
-$948,266
-$1,976,473
-$3,837,266
-$4,786,633
-$3,948,774
-$5,370,918
-$4,524,750
-$14,345,631
Taxes paid
โ
โ
โ
$0
$0
$0
$0
$0
Balance sheet
Cash
$713,481
$921,594
$1,699,196
$1,429,172
$2,641,950
$4,466,138
$6,249,581
$2,096,160
Accounts receivable
$762,067
$20,120,085
$3,805,559
$0
$0
$0
$0
$0
Total assets
$1,570,256
$21,507,228
$80,370,961
$71,949,680
$192,996,368
$269,221,826
$336,542,473
$364,460,941
Short-term debt
โ
โ
โ
$73,416,711
$192,858,384
$237,393,691
$297,978,347
$344,552,222
Long-term debt
$0
$0
$0
$138,680
$134,865
$22,349,557
$30,239,607
$22,277,177
Total liabilities
$1,479,004
$22,787,493
$81,900,103
$73,555,391
$192,993,249
$259,743,248
$328,217,954
$366,829,399
Other
Headcount
9
25
40
โ
120
85
93
99
Figures as reported by the issuer in the filing shown on hover. Each yearโs pill shows the assurance level of its filed statements โ audited, reviewed (CPA review, less than an audit), or unaudited; no pill means the filing didnโt state one. Headcount is the filingโs point-in-time count, not a year-end average. Manually corrected figures are marked โCorrectedโ.
A dashed amber step is a SAFE/note valuation cap โ a conversion ceiling agreed for that instrument, not a priced valuation of the company. Steps are not comparable across bases.
About this data. Figures are compiled from public sources โ SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages โ 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.