Founded last year by two former Goldman Sachs real estate investors, mogul club offers a fractional real-estate platform built on blockchain to lower barriers to owning rental property. The founders say blockchain makes back-office operations more efficient while their institutional underwriting experience lets them select higher-quality deals. The company runs rigorous diligence—accepting less than 1% of properties reviewed—and shares legal documentation and underwriting with investors for transparency. It launched to the public with roughly $2.5 million in assets and has raised $4.2 million in total funding to date. mogul club plans to use the new capital to build product features and to offer $10 million worth of single-family rental properties by year-end. Its revenue model includes a 3% flat onboarding fee (capitalized in the raise), 2% setup fee when properties require capex or leasing, and a 2.5% fee on rental income, supported by negotiated wholesale discounts with property managers.

Total raised

$4M

Funding rounds

1

Latest round

Seed

Latest activity

Nov 2023