Groundfloor is an American real estate investing and lending marketplace. It was the first real estate crowdfunding company to achieve SEC qualification utilizing Regulation A+ after the regulation became operable through the JOBS Act. Groundfloor was founded in Raleigh, North Carolina, in February 2013 by Brian Dally (who launched Republic Wireless) and Nick Bhargava (contributor to the JOBS Act). In March 2014, the company raised $300,000 from angel investors in the region. After raising $1 million in seed funding, Groundfloor moved its headquarters to Atlanta because of the Invest Georgia Exemption (IGE) which allows state residents to invest in crowdfunded projects regardless of their investor accreditation status. More information...
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