Mogul Club aims to make rental property ownership more accessible through blockchain technology

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Cointime2023/11/09 00:33

By:Cointime

Former Goldman Sachs real estate investors have founded Mogul Club, a startup that aims to democratize rental property ownership. The platform is built on blockchain and offers fractional real estate investment opportunities. Each property on the platform undergoes rigorous diligence and underwriting, with less than 1% making it onto the platform. Mogul Club plans to use its recent $4.2 million funding to develop new features and offer $10 million worth of single-family rental properties by the end of the year. The startup has received funding from Tim Draper Associates, Draper B1, InterVest, Draper Dragon, and Blizzard Fund, as well as angel investors from Goldman Sachs, J.P. Morgan, and Carlyle.

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