RealtyShares, a real estate crowdfunding platform, has filed a Form D with the Securities and Exchange Commission indicating a funding round of approximately $20 million. The 506(c) filing shows the San Francisco based company closing on over $17 million. The first sale of equity for this funding round was listed as January 1st, 2016.
The filing, first revealed by Octa Finance, was completed by Nav Athwal, CEO and co-founder of the company. The previous funding round for RealtyShares was a 506(b) that occurred last April.  RealtyShares raised  $12 million at that time.
RealtyShares announced late last month having topped $100 million in real estate funding. At that time accredited and institutional investors had invested in over 270 transactions involving over 1,500 different properties. Â RealtyShares offers both debt and equity investment opportunities in real estate for as little as $5000.