SAN DIEGO–(BUSINESS WIRE)–CalTier, Inc (CalTier), the innovative Fintech crowdfunding platform, today announces that it has launched its $5 million Series A funding round after successfully closing its 1 .1 million dollars. This Series A round will help CalTier enhance its platform, offer additional services, and expand its growing community of investors.
“We are truly excited about the growth of the company and our mission to give as many people as possible access to these historically difficult to reach investments. This next round of funding will help us improve our platform and offer CalTier service to as many people as possible,” said Matt Belcher, founder and CEO of CalTier. “We are seeing a sea change in the world of investing where people are making more of their own financial decisions and looking for crowdfunding opportunities. We estimate this industry to be worth at least $3 billion and we are building a platform and a community to enable them to access very hard-to-reach opportunities such as multi-family real estate starting as low as $500.
As recently reported in Multi Housing News, Freddie Mac predicts that in 2022 alone there will be between $385 billion and $400 billion in multi-family origin. CBRE also predicts that the US market will need an additional 4.3 million multifamily units by 2030.
CalTier, Inc is a Fintech company offering the everyday investor the opportunity to invest in cash flow real estate that has traditionally been extremely difficult to participate in and often restricted to a select group of accredited investors. Their platform has over 8,000 users and their first fund made 9 investments, totaling 1,300 doors. CalTier’s Series A is open to accredited investors. Their offering circular for the Reg A portfolio fund can be viewed here https://www.sec.gov/Archives/edgar/data/1771232/000110465920128011/tm2036596d1_253g2.htm.
For more information, please visit https://invest.caltierinc.com.