InvestNext has announced new product features for its real estate investing services, according to a company release.
Recently, InvestNext closed on a seed round that raised $4.3 million.
InvestNext is a digital platform that can facilitate real estate syndication, including engaging with investors, accepting payments, waterfall calculations, distributions payouts and completing tax forms. InvestNext is a white label service designed to eliminate document management while building relationships between syndicators and investors.
Kevin Heras, CEO and co-founder of InvestNext, said it was clear they needed to create an Etsy like or a Shopify for real estate investment:
“How you present yourself to investors matters, especially as you grow your syndicate. That’s why it was so critical to enhance the white labeling capabilities in this update, so you can put your own brand onto our pre-built all-in-one platform. Everything is in the same place, from raising capital, automated waterfalls, communicating with your investors, and managing payouts and reporting — so you and your investors work from the same digital base of operations.”
Leka Devatha, President of Rehabit Homes, said that InvestNext provides a massive lift in their ability to manage investors without having to add personnel:
“Where small businesses can out-do large enterprises is in customer experience. InvestNext has helped deliver a world-class experience at every stage of our syndication process by giving us the ability to create a customized portal for each investor to log in to.”
Detroit-based InvestNext reports that it has facilitated more than $4.4 billion in transactions, up over 250% since the onset of the COVID-19 pandemic.