co-ownership
(2)
Stella Han
Stella Han is the co-founder and CEO of Fractional, a San Francisco startup that lets friends and strangers pool money to co-own investment real estate for as little as a few thousand dollars. A Carnegie Mellon computer science graduate and former senior software engineer at Affirm, she left fintech to attack a problem she grew up around: real estate is a great way to build wealth, and almost impossibly clunky to buy with other people. Fractional went through Y Combinator's Winter 2021 batch, raised a $5.5M seed led by CRV with backing from Will Smith and Kevin Durant, and a $15M Series A led by Fifth Wall in late 2024.
Fractional
Fractional is a San Francisco company that lets groups of friends, followers, or strangers co-own investment properties and other assets together through member-run investment clubs. Instead of raising money as a securities offering, each club is a member-owned LLC where everyone is an active participant with voting rights, sidestepping the expensive PPMs and accredited-only rules of traditional syndications. Fractional handles the back office - LLC formation, compliance, bookkeeping, distributions, and K-1 tax filings - so ordinary people can pool small checks into real estate, private lending, and even the occasional laundromat or candy store.