Today we’re proud to announce that Groundfloor has been selected to present at Venture Atlanta 2016, the South’s premier event for connecting technology innovation and investment capital. The event will be held November 2-3 at the College Football Hall of Fame in Atlanta.
We’re one of just 16 venture stage companies chosen from a large pool of applicants. It’s an honor to represent the region’s most innovative tech businesses. In a sea of “real estate crowdfunding” startups based in Silicon Valley and elsewhere, we’re still the first and only platform of our kind. Only Groundfloor offers access for non-accredited and accredited investors alike to participate in high-yield private real estate lending. This innovation was born in Atlanta, raised on Secretary Kemp’s innovative Invest Georgia Exemption, and we are now taking it nationwide.
During the two-day event, presenting companies and conference attendees will engage with regional as well as national venture capitalists, investors and other key players in the current technology ecosystem. Now entering its 16th year, Venture Atlanta has helped launch more than 350 companies and raise more than $1.8 billion in funding to date—a number that continues to grow. The conference provides an invaluable experience for entrepreneurs resulting in funding, national investor exposure, unparalleled relationship building and mentoring by successful technology executives.
Presenting as an early stage company in 2014 served as important springboard for Groundfloor. At that time, we had just five employees, had raised just over $1.0 million in seed capital and had not yet achieved $1 million of loan origination volume. What a difference two years has made: Since then we’ve grown to over 20 employees, added $6.5 million of investment capital, and originated over $14 million in loans. We appreciate and look forward to the opportunity to take part in the Venture Atlanta conference again.