3 years ago

SmartCrowd Secures $3 Million Bridge Round to Fuel Growth

  • SmartCrowd, a Dubai-based real estate crowdfunding platform, has raised over $3 million in a bridge round led by Mad’a Investment Company

  • The funding will be used to scale operations, expand into new markets, and develop new products

  • The round also saw participation from TriCap Investment and Amaana Capital

  • SmartCrowd has seen significant growth since the pandemic, with its investor base growing nearly 6 times and assets under management increasing by over 60% quarter-on-quarter

  • The company has funded over 70 properties and transacted over AED50 million, paying out close to AED3 million in rental income to investors.

      • ProblemFinancial Services

      "Traditional real estate investment requires a large capital outlay, making it inaccessible to many individuals. This limits diversification opportunities and restricts wealth accumulation for those with limited capital."

      Solution

      "SmartCrowd offers a fractional ownership model for real estate, allowing individuals to invest in rental properties with as little as AED500. This makes real estate investment more accessible, diversifies investment portfolios, and provides passive income opportunities."

      Covered on