RealBlocks provides an end-to-end, white-labeled SaaS platform for alternative investments—real estate, infrastructure, private equity, and debt—covering digital onboarding, subscriptions, capital calls, platform analytics, automated document generation and liquidity solutions. The company launched in 2019 and is based in New York. Its technology is used by RIAs, wealth managers and large alternative managers, including LaSalle Investment Management across its $77 billion business. RealBlocks currently services over $77 billion in assets under administration. This year the firm added an SPV offering and a Queue Protection product to address liquidity pressure for private funds. The company says the new capital will be used to scale the platform and advance its mission to make investing in private funds as easy as investing in public funds. RealBlocks operates a blockchain-enabled platform that digitizes shares of alternative investment products—real estate, infrastructure, private equity and debt—and makes them tradable to increase liquidity and access. Launched in 2019 and headquartered in New York, the company focuses on improving the investment experience for wealth managers, advisors, and investors and is used by prominent alternative investment managers. Its technology has been used to create a 40 Act tender offer fund that gives financial intermediaries access to an index fund previously limited to institutions, enabling downstream retail distribution at lower cost. The platform is integrated with RIAs operating through the Charles Schwab, Pershing, and Fidelity platforms and is used by firms including Avestar Capital. RealBlocks plans to scale its business development and engineering teams to meet accelerating customer demand. Financially, the company announced a $7 million Series A—bringing total capital raised to $10.7 million—and said the round was oversubscribed and led by new investor Crosslink Capital. RealBlocks is a blockchain-powered real estate investment platform that tokenizes shares of private equity funds, enabling sponsors to sell shares to domestic and international investors and accept digital and fiat currency. The platform includes a bulletin-board mechanism to enable peer-to-peer trading and provide liquidity for otherwise illiquid real estate investments. RealBlocks positions itself to accelerate capital formation for real estate sponsors by leveraging blockchain infrastructure for distribution and global access. It also aims to give investors access to institutional private equity real estate offerings. The company is led by Founder and CEO Perrin Quarshie. RealBlocks closed a $3.1M seed funding round in January 2019.

Total raised

$20M

Funding rounds

3

Latest round

Series A

Latest activity

May 2023