Germanys High Profile Online Real Estate Investment Platform iFunded Raises 4 Million Euro Growth Capital To Extend Its Offer To Institutional Investors And To Integrate Blockchain Technology

Germanys High Profile Online Real Estate Investment Platform iFunded Raises 4 Million Euro Growth Capital To Extend Its Offer To Institutional Investors And To Integrate Blockchain Technology

iFunded, one of Germanys leading digital real estate investment platforms and the first to offer investments to institutional investors, announces a 4 million Euro Pre-Series A round of financing led by EVAN Group plc. along with former head of sales and managing director Citibank Fixed Income Asia, Torsten Pfeifer, now CEO Real Estate and
Venture Capital Firm Treuenburg Group. Also participating in this financing round is previous investor Creathor Ventures as well as the founding shareholders Michael Stephan and 32nd Floor GmbH.

„We are convinced that digitalization is the future of real estate investment. iFunded has early on expanded its focus to institutional investors and is ahead concerning the integration of blockchain technology“ says Dr. Michael Nave, CEO Evan Group, institutional proprietor and manager in commercial real estate.

iFundeds second new investor, Torsten Pfeifer, affirms: „The iFunded Team pursues a
forward-looking strategy in offering professional investors customized investment opportunities like bank loans, bonds, club deals and mezzanine financing by means of a digital platform. On top, iFunded is pointing the way by integrating blockchain technology now for more efficient investment processes and structuring new products.“

„This round of investment confirms our course and our vision to position iFunded as a digital real estate investment platform with products particularly tailored for institutional investors, says Michael Stephan, Founder and iFunded CEO. Now iFunded is open to institutional as well as private investors with direct access to suitable real estate projects. The company is planning to expand its department offering precise investment opportunities for institutional investors. “We are certain that more and more family offices, endowment funds, mutual funds, pension funds and insurance companies will use digital platforms for their investments.
iFunded offers access to carefully vetted real estate projects in a cost efficient and transparent manner “, Michael Stephan points out the advantages.

Recently Jan-Oliver Sell (42) joined iFunded as Chief Operating Officer (COO). He is in charge of fund structuring and reporting for institutional investors. Prior to that, Jan-Oliver worked at the investment bank Morgan Stanley. He is also responsible for the implementation of blockchain with iFunded’s second brand iEstate. iFunded is expanding its staff to grow the department supporting institutional investors and for the integration of blockchain technology.

iFunded started early in 2018 as the first online platform to offer products especially cut out for institutional investors comprising securities like debentures for real estate projects with a financing volume of up to the three digit million range. To ensure digital investment processes are absolutely secure, efficient and transparent, iFunded is working on the implementation blockchain technology.

 

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