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Realty Mogul hits $3 million in funding just 4 months into crowdfunding

Realty Mogul, a real estate crowdfunding site, has just announced that it crossed the $3 million mark yesterday, after surpassing the $2 million at the end of June. The site is a marketplace for accredited investors to pool money online and buy shares of pre-vetted real estate investments. For a company that is bracing a relatively new concept in the real estate investing industry, Realty Mogul is experiencing an outstanding year. The company has already grabbed first place in 2 highly recognized competitions for startup companies. Earlier this year in March, Realty Mogul beat 50 other companies and came in first at the Founder Showcase competition. Not only that, Realty Mogul went home with top honors in the HATCH Pitch Competition at SXSW triumphing over 100 other applicants. It is also a finalists for the Innotribe SWIFT event that will take place in mid-Septemberof this year; one of its toughest competitions yet. A Los Angeles based company, Realty Mogul has since extended its offerings to include transactions from Seattle, Washington, Tennessee, Texas and Kansas. However, investors are free to participate from anywhere and the company will be gradually expanding. Partnerships with professional companies such as AH Capital, Dimension Investment Group, […]

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