Mogul Club Secures $3.6M in Seed Funding to Revolutionize Real Estate Investment

In a landmark development for the real estate investment landscape, Mogul Club has successfully raised $3.6 million in seed funding, catapulting its total funding to $4.2 million. The oversubscribed round, led by Anitha Vadavatha of AY Ventures, witnessed a fourfold increase due to unprecedented investor enthusiasm. Notable backers include Tim Draper & Associates, InterVest, and Rosie Rios, the 43rd Treasurer of the United States.

Mogul Club, founded in 2022 by former Goldman Sachs Real Estate Investment Group members Alex Blackwood and Joey Gumataotao, has quickly emerged as a game-changer. The platform’s unique investment club structure, characterized by radical transparency and institutional quality vetting, attracted investors who had previously supported industry giants like Robinhood, SpaceX, and Tesla.

Since its beta launch in April 2023, Mogul Club has achieved a projected Internal Rate of Return (IRR) of 20-26%, surpassing the historical performance of the S&P 500. The platform’s innovative approach combines old wealth strategies with modern technology, offering users hassle-free access to premium real estate opportunities.

Tim Draper, Founder and Managing Partner of Draper Associates, expressed confidence in Mogul Club’s transformative impact, stating, “Creating stronger, more efficient investment opportunities through thoughtful technological solutions, Mogul Club is setting a new standard for the industry.”

Mogul Club plans to utilize the funds to enhance its platform features and provide over $10 million in single-family rental investment (SFR) properties by the end of 2023. With a leadership team boasting decades of experience from prestigious institutions and a commitment to excellence, Mogul Club aims to reshape the real estate investment landscape, solidifying its position as a trusted partner for next-gen investors.

About Mogul Club: Headquartered in Washington, D.C., Mogul Club is a revolutionary real estate investment platform founded by industry veterans. The platform’s mission is to bridge old wealth traditions with new money appeal, offering investors a modern, hassle-free alternative with institutional levels of mastery and diligence.