InvestNext, a Detroit, MI-based provider of a real estate investment management platform, raised an undisclosed amount in Series B funding.
The round was led by Beringea.
The company intends to use the funds to expand its platform capabilities, introducing new tools to help GPs navigate compliance, capital raising, and investor engagement with greater efficiency.
Led by CEO Kevin Heras, InvestNext provides a solution for real estate investment professionals to raise and manage capital more efficiently. The platform is designed to expedite capital raising and ensure greater accuracy in the work of general partners, finance leaders, compliance officers, and investor relations teams. Since its inception, it has focused on building digital solutions for workflows in real estate investing, including investor subscription documentation and accreditation, secure payments, waterfall distributions, automated cap table management, and K-1 disseminations.
With employees across the US and Canada, InvestNext is used by over 1,600 general partners and 70,000 investors.
