RealBlocks Secures $7M Series A Financing

RealBlocks, a technology platform that enables access to alternative investments, has announced a $7 million Series A financing round, bringing its total investment amount to $10.7 million. The round was oversubscribed and led by new investor Crosslink Capital, a prominent venture investor based in Palo Alto that manages over $1.8 billion in AUM with a focus on B2B, fintech, and SaaS. The new capital will allow RealBlocks to scale its business development and engineering teams as the company races to meet accelerating customer demand.

RealBlocks is building the best alternative investment experience for investors and advisors worldwide through its revolutionary technology. Today, alternative investment managers are primarily limited to raising capital only within their local market. However with RealBlocks, these managers can now raise capital in any international market by using our platform to connect with institutional and intermediary channels. Our firm's growing client list includes some of the world's most respected alternative investment managers that are using our technology to increase their AUM.