# Fundrise

> Fundrise is a Washington, DC-based investment manager and financial technology company that gives individual investors digital access to private real estate, real-estate-backed credit, and venture capital. Its software bundles hard-to-access assets into regulated funds, lowers minimums, handles subscriptions and reporting, and lets customers follow portfolios from a web or mobile dashboard. The company earns management, advisory, real estate operating, and development-related fees, while its investor-owned iPO structure has also raised growth capital directly from customers.

- **Founded:** 2012
- **Headquarters:** Washington, DC, United States
- **Founders:** Benjamin S. Miller (Co-founder and CEO), Daniel Miller (Co-founder)
- **Team size:** 203 employees as of December 31, 2025, including 202 full-time employees
- **Products:** Fundrise Platform, eREITs, Flagship Real Estate Fund, Income Real Estate Fund, Innovation Fund / VCX
- **Notable:** Launched what it described in SEC filings as the first online real estate investment trust open broadly to U.S. investors in 2015., Lowered the platform minimum to $10 with the launch of the Flagship Fund in 2021., Reported $3.4 billion in AUM, more than 402,000 active investor accounts and 2.411 million active users as of March 31, 2026.

## Products & services

- **Fundrise Platform** — Web and mobile investing platform for opening accounts, selecting plans or funds, automating contributions, tracking performance, receiving portfolio updates and managing distributions.
- **eREITs** — A family of online real estate investment trusts introduced to let individuals invest in diversified private real estate portfolios under Regulation A.
- **Flagship Real Estate Fund** — An interval fund focused on long-term appreciation through build-to-rent housing, multifamily, industrial and newer AI-infrastructure-related real estate strategies.
- **Income Real Estate Fund** — An interval fund focused on current income from real-estate-backed private credit, including multifamily and housing finance.
- **Innovation Fund / VCX** — A multi-stage technology fund launched in 2022 and listed on the NYSE as VCX in 2026, providing exposure to private and public technology companies through a closed-end fund.
- **Fundrise Connect** — An API that lets approved partners and registered investment advisers access offerings, documents, NAV history and investment workflows.
- **RealAI** — An AI-enabled real estate intelligence platform intended to analyze properties and markets for professionals and consumers; launched internally in 2025 and announced publicly in early 2026.

## Achievements

- Launched what it described in SEC filings as the first online real estate investment trust open broadly to U.S. investors in 2015.
- Lowered the platform minimum to $10 with the launch of the Flagship Fund in 2021.
- Reported $3.4 billion in AUM, more than 402,000 active investor accounts and 2.411 million active users as of March 31, 2026.
- Invested in more than $7 billion of real estate since inception and reported more than $361 million in net dividends earned by investors as of the end of 2023.
- Listed the Fundrise Innovation Fund on the New York Stock Exchange under ticker VCX on March 19, 2026.
- Built a portfolio and operating footprint spanning more than 20,000 residential units plus industrial and other real assets.
- Earned repeat recognition on the Forbes Fintech 50 and Washington Post Top Workplaces lists, according to Fundrise.

## Latest updates

- **2025-07** — SoFi expanded its alternative-investment lineup with a Fundrise private-markets fund available through the SoFi app.
- **2025-09** — Fundrise launched RealAI internally, an AI-enabled platform for real estate analysis; public availability followed in early 2026.
- **2025-12** — Fundrise ended 2025 with $3.1 billion in AUM, more than 406,000 active investor accounts, and $57.24 million in parent-company revenue.
- **2026-03** — The Innovation Fund began trading on the NYSE as VCX on March 19, converting from a tender-offer fund into a listed closed-end fund.
- **2026-03** — Fundrise reported $3.4 billion in AUM and more than 402,000 active investor accounts at quarter end.
- **2026-07** — Fundrise reported that Salesforce agreed to acquire VCX portfolio company Fin for $3.6 billion.

## Links

- Website: https://fundrise.com
- LinkedIn: https://www.linkedin.com/company/fundrise
- Twitter/X: https://twitter.com/fundrise
- Facebook: https://www.facebook.com/fundrise

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Profile page: https://yespress.io/fundrise
Published by YesPress — https://yespress.io
Last updated: 2026-08-15