RealVantage, a global real estate investment platform, has announced the successful oversubscription of its US$10 million Series A funding round, achieving a valuation of US$70 million. The demand from investors, including three family offices such as SoilBuild’s, was so high that it necessitated secondary tranches, providing liquidity to the company’s dedicated staff.
The proceeds from this fundraise will be strategically deployed across three primary areas: the development of new investment products, including thematic funds; the enhancement of RealVantage’s AI-powered platform; and regional expansion, starting with Hong Kong SAR. This marks a significant step for RealVantage, which has already initiated a joint venture in Hong Kong with established real estate partners and a prominent family office.
Keith Ong, co-founder and CEO of RealVantage, expressed his gratitude for the investor confidence, stating, “The strong vote of confidence from new investors reinforces our mission: to continue advancing our mandate of making institutional-grade real estate investing far more accessible, transparent and rewarding for everyone across the globe.”
Since its inception in April 2019, RealVantage has raised over SGD 400 million and completed more than 130 deals across seven global markets. The platform boasts a rapidly growing membership of over 10,000 individuals from 58 countries, including institutions, family offices, and accredited investors.
Lim Han Feng, director at SoilBuild Group Holdings Ltd, commented on RealVantage’s innovative approach, saying, “RealVantage is bringing a fresh, disciplined and investor-aligned approach to real estate investing. I appreciate the team’s rigour, transparency and strong deal-making capabilities.”
With its latest funding, RealVantage is poised to further its growth and continue transforming the real estate investment landscape.