RTP-born Groundfloor Raises $4.2M, Moving to New HQ
RESEARCH TRIANGLE PARK – Brian Dally and Nick Bhargava launched real estate investment platform Groundfloor in the Triangle five years ago, moved to Georgia where the emergence of crowdfunding outpaced that in North Carolina, and since then has been on a steady growth path. New $4.2 million in funding announced Thursday is proof of investors’ confidence in allowing anyone, not just those well off, invest in real estate.
But the availability of crowdfunding now in North Carolina won’t bring the firm’s HQ back to its birthplace.
“The Triangle will always be important to us,” Dally tells WRAL TechWire. “We see strong market opportunities throughout North Carolina as we continue to scale, but we don’t have plans to relocate our headquarters back to the area.”
In fact, Groundfloor disclosed today it is relocating to new office space in Atlanta with its employee headcount having grown to 45.
The new funding is already being put to use, Dally explains.