InvestNext reels in $4.3m seed to expand business footprint

Investment management firm InvestNext has raised $4.3m from a seed funding round headed by Hyde Park Venture Partners.

The round also included participation from Detroit Venture Partners, Whitecap Venture Partners, ID Ventures and Grand Ventures.

Founded in 2016, InvestNext has developed an end-to-end platform that streamlines how real estate investment companies raise and manage capital and helps to provide greater transparency to investors.

To date, the company has over 18,000 active investors across 1,200 funds and syndications on its platform and has facilitated over $4.4bn in transactions.

InvestNext has claimed it intends to use the newly raised capital to expand operations by boosting headcount within its design and engineering teams among others, as well as bolstering its business reach.

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