CrowdProperty Australia
CrowdProperty Australia is the specialist property marketplace lending company.
Backed by
Raised 1.5M SEED on October 12, 2021
About
CrowdProperty Australia operates a property investment marketplace that originates and manages development project loans, matching wholesale and institutional investors with builders and developers seeking alternative finance.
Mission
CrowdProperty Australia operates a property investment marketplace that originates property project loans and offers wholesale and institutional investors the chance to earn up to 7% p.a. target interest returns. The business launched in Australia earlier this year, applying a model the team says has been proven and is profitable in the UK. The recent $1.5 million raise is intended to expand its property development finance offering and wholesale investment opportunities to enable rapid growth. The seed round was oversubscribed, allowing the company to be selective about investors, including a cornerstone investor and serial tech and property backers. Management cites structural differences in wealth allocation — 55% of Australian wealth held in property versus 35% in the UK — as an opportunity for their platform to help diversify investor portfolios while supporting developers. Leadership frames the raise as a way to address housing unaffordability by improving alternative finance access for builders and developers.
Quick Facts
Founded
2020
Funding
SEED
Industry
Financial Services, Marketplace
Team Size
1-10
Headquarters
Neutral Bay, New South Wales, Australia
Careers
View Careers PageCrowdProperty Australia
https://jobs.ashbyhq.com/crowdpropertyNo open roles at this time.
Check their careers page for updates