Total amount raised
$794.7 Millions
Latest funding date
2/1/2024
Location
Yieldstreet has successfully raised significant capital through multiple funding rounds, attracting a diverse group of investors including Monroe Capital and Transform Capital. The platform offers retail investors access to a variety of private market investments, such as real estate, private credit, private equity, and art.
Keep reading to explore the intricacies of Yieldstreet's fundraising journey and the investors backing this innovative platform.
What Is Yieldstreet?
Yieldstreet, founded on January 5, 2015, is an alternative investment platform headquartered in New York, New York. The company was established by Dennis Shields, Michael Weisz, and Milind Mehere.
Yieldstreet offers retail investors access to a variety of income-generating investment products across multiple asset classes, including real estate, private credit, private equity, and art. The platform aims to democratize access to alternative investments traditionally available only to institutions and the ultra-wealthy.
With a workforce of 251-500 employees, Yieldstreet continues to grow, providing investors with opportunities to diversify their portfolios beyond traditional stocks and bonds.
How Much Funding Has Yieldstreet Raised?
- Seed Round
- Amount Raised: $3.7M
- Date: May 2016
- Lead Investors: Expansion Venture Capital, Saturn Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To develop the platform and expand initial operations.
- Seed Round
- Amount Raised: Not publicly disclosed
- Date: September 2016
- Lead Investors: Saturn Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further enhance platform capabilities and user acquisition.
- Series A
- Amount Raised: $12.8M
- Date: January 2018
- Lead Investors: Greycroft, Raine Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and increase market reach.
- Debt Financing
- Amount Raised: $100M
- Date: January 2018
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support loan origination and portfolio growth.
- Series B
- Amount Raised: $62M
- Date: February 2019
- Lead Investors: Edison Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand product offerings and enhance technology infrastructure.
- Series C
- Amount Raised: $100M
- Date: June 2021
- Lead Investors: Tarsadia Investments
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate growth and enter new markets.
- Series C
- Amount Raised: $50M
- Date: November 2021
- Lead Investors: Mayfair Equity Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further scale operations and enhance platform features.
- Debt Financing
- Amount Raised: $400M
- Date: August 2022
- Lead Investors: Monroe Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support loan origination and portfolio expansion.
- Venture Round
- Amount Raised: $66.2M
- Date: February 2024
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To drive innovation and expand investment offerings.
Total Amount Raised: $794.7M. Current Valuation: Not publicly disclosed.
Key Investors
- Monroe Capital
- Details: Monroe Capital is a private credit asset management firm specializing in direct lending and opportunistic private credit investing. They provide financing solutions to middle-market companies in the U.S. and Canada.
- Investment Focus Areas: Healthcare, technology, consumer products
- Notable Investments: Not publicly disclosed
- Mayfair Equity Partners
- Details: Mayfair Equity Partners is a private equity firm that invests in growth-oriented companies. They focus on technology and consumer sectors.
- Investment Focus Areas: Technology, consumer sectors
- Notable Investments: Ovo Energy, Yo! Sushi
- Tarsadia Investments
- Details: Tarsadia Investments is a private investment firm. They focus on a wide range of sectors, including healthcare, technology, and real estate.
- Investment Focus Areas: Healthcare, technology, real estate
- Notable Investments: Uber, Airbnb
- Edison Partners
- Details: Edison Partners is a growth equity firm. They focus on fintech, healthcare IT, and enterprise solutions.
- Investment Focus Areas: Fintech, healthcare IT, enterprise solutions
- Notable Investments: MoneyLion, Billtrust
- Greycroft
- Details: Greycroft is a venture capital firm. They focus on internet and mobile companies.
- Investment Focus Areas: Internet, mobile companies
- Notable Investments: Venmo, The RealReal
What's Next for Yieldstreet?
Yieldstreet stands at the cusp of significant growth opportunities, driven by the increasing demand for alternative investments. As more retail investors seek to diversify their portfolios beyond traditional assets, Yieldstreet's platform is well-positioned to capture this expanding market.
Future fundraising efforts will likely focus on scaling operations and enhancing technological capabilities to meet growing investor demand. However, the company may face challenges such as regulatory hurdles and market competition. Navigating these obstacles will be crucial for Yieldstreet to maintain its momentum and continue its upward trajectory.
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