InvestNext Secures Series B Funding to Drive Further Innovation in Real Estate Investment Management USA - English
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DETROIT, Feb. 7, 2025 ~ Detroit-based real estate investment management platform, InvestNext, has announced the successful completion of its Series B funding round, raising $15 million. The investment was led by Beringea and is part of the company's strategic plan to evolve and expand its platform to better assist firms in navigating the increasing complexities of regulatory requirements and investor demands.

According to Kevin Heras, Co-Founder and CEO of InvestNext, the current real estate capital market is more accessible than ever, but also faces increased regulatory scrutiny. This makes it crucial for firms to have the necessary tools to efficiently scale their operations, adapt to sophisticated limited partners (LPs) and capital partners, and manage risk while remaining compliant with regulatory frameworks such as the Securities and Exchange Commission (SEC).

Heras believes that this funding will enable InvestNext to continue building a connected platform for real estate private capital. This will provide investors with the same level of access and transparency in private markets that they have in public markets.

InvestNext has established itself as a leading solution for real estate investment professionals looking to raise and manage capital more efficiently. The platform streamlines processes such as investor subscription documentation and accreditation, secure payments, waterfall distributions, automated cap table management, and K-1 disseminations.

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With a team spread across the US and Canada, InvestNext currently serves over 1,600 general partner clients managing more than 70,000 global investors across 105,000 active investments. The company boasts an impressive 96% customer retention rate, demonstrating their commitment to providing exceptional value and building long-term relationships with their clients.

Despite challenges faced by both the tech industry and real estate sector in recent years, InvestNext has maintained consistent growth and high retention rates. Co-founders Kevin Heras, Michael Gisi, and Matthew Attou have always prioritized stable and scalable growth as they continue on their path forward. This perspective greatly influenced their approach to raising Series B.

According to co-founder and Chief Product Officer Matthew Attou, InvestNext's values and operational principles have been a key factor in attracting clients. It was important for the company to align with their investors in the same way, which they believe they have achieved with this Series B funding.

InvestNext's partnership with Beringea marks an important milestone in their journey, but their focus remains on building the most compliant and secure investment management platform on the market. This will equip clients to tackle challenges such as increased regulatory scrutiny in real estate head on.

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Ben Bernstein, Principal at Beringea and incoming InvestNext board director, believes that the company's platform is not only innovative but also empowering for key stakeholders such as general partners, finance leaders, compliance officers, and investor relations teams. He is excited to support this transformational solution as it scales to meet growing demand in the real estate investing space.

Whitecap Venture Partners, a long-time investor in Prop Tech, is also reinvesting in InvestNext. Partner Shayn Diamond expresses confidence in the company's strong team and best-in-class product, believing that they will continue to drive growth and disruption in the industry.

With this new funding, InvestNext plans to expand its platform capabilities by introducing new tools to help general partners navigate compliance, capital raising, and investor engagement with greater efficiency. The company remains committed to providing exceptional support while building a future-proof platform that empowers real estate investment firms to scale with confidence.

To see if InvestNext is a good fit for your firm, book a demo at https://investnext.com.
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