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GROUNDFLOOR

Operating

GROUNDFLOOR FINANCE INC.

Financial · Fintech · Atlanta, GA · Founded 2013

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A wealthtech platform that lets everyone build wealth through real estate lending

Post-money valuation ⓘ
$303.2M
As of Oct 2024 · from Groundfloor Preferred Stock 2 · pre-money + amount raised, not a traded price
Total raised
$10,868,215
Across 9 rounds since 2015
Latest share price
$50.00
Groundfloor Preferred Stock 2 offering price

Financials

FY2014–FY2024 (no data for FY2015, FY2017, FY2018) · from SEC filings · hover any figure for its source
$16K
−$948K
2014
2015no data
$805K
−$2.0M
2016
2017no data
2018no data
$6.4M
−$3.8M
2019
$5.5M
−$4.8M
2020
$11.2M
−$3.9M
2021
$21.8M
−$5.4M
2022
$20.4M
−$4.5M
2023
$26.7M
−$14.3M
2024
RevenueNet income — 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
—
—
—
$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
—
—
—
$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
—
120
85
93
99

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”.

Valuation over rounds

Post-money = pre-money + amount raised · caps marked
$80.1M
post-money
$245.3M
post-money
$303.2M
post-money
GROUNDFLOOR Reg A Round 2
GROUNDFLOOR Preferred Stock 1
Groundfloor Preferred Stock 2

A dashed amber step is a SAFE/note valuation cap — a conversion ceiling agreed for that instrument, not a priced valuation of the company. Steps are not comparable across bases.

Fundraising history

Groundfloor Preferred Stock 2ClosedReg CF · Preferred Equity · via Republic
Raised $1.2M / $5MInvestors 901Post-money $303.2M
GROUNDFLOOR Preferred Stock 1ClosedReg CF · Preferred Equity · via WeFunder
Raised $2.3M / $5MInvestors 1,795Post-money $245.3M
Reg A Offering (2022)ClosedReg A+ · Other
Raised $0 / $44.9M
GROUNDFLOOR Reg A Round 2ClosedReg A+ · Preferred Equity · via SeedInvest
Raised $7.3M / $10MInvestors 3,709Post-money $80.1M
Reg A Offering (2017)ClosedReg A+ · Equity · via SI Securities, LLC
Raised $0 / $25M
Reg A Offering (2017-10-13)ClosedReg A+ · Other
Raised $0 / $585.9K
Reg A Offering (2015)ClosedReg A+ · Other
Raised $0 / $999.5K
Reg A Offering (2015-10-07)ClosedReg A+ · Other
Raised $0 / $443K
Reg A Offering (2015-03-23)ClosedReg A+
Raised $0

Team

9 people
Brian Dally
Chief Executive Officer
Chris Schmitt
Chief Technology Officer
Nick Bhargava
Executive Vice President, Legal and Regulatory, Acting Chief Financial Officer and Secretary
Patrick Donoghue
Vice President of Real Estate
Bruce Boehm
Director (independent)
Lucas Timberlake
Director
Michael Olander, Jr.
Director
Sergei Kouzmine
Director
Yair Goldfinger
Director

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

Reg CF annual-report compliance

Delinquent

Filed 2 of 4 annual reports (FY2022–FY2025)

Missing: 2023, 2025

3,709 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

SEC filings

View all 326 filings on EDGAR
  • Form 1-KApr 1, 20260001104659-26-038396
    EDGAR
  • Form QUALIFMar 25, 20269999999994-26-000061
    EDGAR
  • Form 1-A POSMar 13, 20260001104659-26-027724
    EDGAR
  • Form QUALIFJan 13, 20269999999994-26-000014
    EDGAR
  • Form 1-A POSJan 8, 20260001104659-26-001920
    EDGAR
  • Form 1-SASep 30, 20250001104659-25-094852
    EDGAR
  • Form QUALIFJun 12, 20259999999994-25-000109
    EDGAR
  • Form 1-A POSJun 11, 20250001104659-25-058516
    EDGAR
Source: ManualCIK 0001588504GAShare price $50.00

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.