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2025-02-07
DETROIT, Feb. 7, 2025 /PRNewswire/ -- InvestNext, a Detroit-based real estate investment management platform, announced today the successful completion of its $15 million Series B funding round. The investment, led by Beringea, is part of a strategic move to evolve and expand the platform to help firms navigate increasing regulatory complexities and investor demands.
InvestNext, a Detroit-based real estate investment management platform, announced the completion of its $15M Series B.
"Amid increasing regulatory scrutiny and a real estate capital market that is more accessible than ever, it is crucial for firms to be equipped to scale efficiently, adapt to a growing base of sophisticated LPs and capital partners, and navigate risk while maintaining compliance with the SEC and other regulatory frameworks," said Kevin Heras, Co-Founder and CEO of InvestNext. "This funding enables us to continue building the connected platform for real estate private capital and deliver the same level of access and transparency to private real estate markets that investors have in public markets."
InvestNext is the leading solution for real estate investment professionals to raise and manage capital more efficiently. The platform is designed to expedite capital raising and ensure greater accuracy in the work of General Partners, Finance Leaders, Compliance Officers, and Investor Relations teams. Since its inception, InvestNext has focused on building fully digital solutions to the most complex and nuanced workflows in real estate investing, including investor subscription documentation and accreditation, secure payments, waterfall distributions, automated cap table management, and K-1 disseminations.
With personnel across the US and Canada, InvestNext has over 1,600 GP clients, helping them manage over 70,000 global investors across 105,000 active investments. The company also boasts an industry-leading 96% customer retention rate, showing their dedication to providing exceptional value and building long-term relationships with their clients.
Despite the numerous challenges in tech and real estate over the last several years, InvestNext has continued to deliver consistent growth and exceptional retention, making it a top performer in the tech sector. However, co-founders Kevin Heras, Michael Gisi, and Matthew Attou have always held a firm belief that stable and scalable growth is essential to their path forward, a perspective that greatly impacted their approach to raising Series B.
Co-founder and Chief Product Officer Matthew Attou states, "Many clients choose InvestNext not only because of our product, but also because they align with our values and operational principles. It was incredibly important to us that we align with our investors the same way " and we feel like we've been able to do that with this Series B."
InvestNext's partnership with Beringea signals an important milestone in their journey, but their focus remains the same. As a product-centric company, InvestNext is determined to build the most compliant and secure investment management platform on the market, equipping clients to meet challenges like increased regulatory scrutiny in real estate head on.
"The InvestNext platform is not just innovative—it's empowering key stakeholders like general partners, finance leaders, compliance officers, and investor relations teams to work more efficiently and develop stronger ties with their investors," said Ben Bernstein, Principal at Beringea and incoming InvestNext board director. "That's the kind of transformational solution we're excited to support as it scales to meet increasing demand in the real estate investing space."
InvestNext's success is a testament to their commitment to transparency, innovation, and solving the most critical challenges in real estate investment management.
Whitecap Venture Partners, a long time investor in Prop Tech, is excited to reinvest in InvestNext. "With a strong team and best in class product, we are confident they will continue to drive growth and disruption in the industry," said Shayn Diamond, Partner.
With this new funding, InvestNext will expand its platform capabilities, introducing new tools to help GPs navigate compliance, capital raising, and investor engagement with greater efficiency. The company remains committed to delivering exceptional support while building a future-proof platform that empowers real estate investment firms to scale with confidence.
Book your demo to see if InvestNext is a great fit for your firm: https://investnext.com.
About InvestNext:
InvestNext is a cutting-edge real estate investment management platform for raising and managing capital more efficiently. With industry-leading technology for fundraising, investor management, compliance tracking, and financial automation, InvestNext empowers real estate investment funds and syndicates to save time on operations and build lasting investor loyalty. Based in Detroit with employees across the US and Canada, InvestNext is trusted by over 1,600 general partners and 70,000 investors. Learn more at investnext.com.
About Beringea:
Beringea is a venture capital firm empowering entrepreneurs across the U.S., U.K., and Europe to build great businesses. With offices in Detroit and London and over $715 million under management in the United States and United Kingdom, their three decade-long track record of successful investing across every major industry has cultivated an exceptional network throughout the technology and investment communities. Learn more at beringea.com.
About Whitecap Venture Partners:
Whitecap Venture Partners is a Canadian VC firm with a track record spanning three decades and five funds. Whitecap V closed in 2021 with a fund size of $150M, supported by leading institutions and family offices, and is focused on lead investments in early-stage financings across Canada. Whitecap focuses on B2B software and MedTech opportunities, areas where the team of long-time investors and former operators have deep expertise, and works closely with founders to support portfolio companies post-investment. Learn more at whitecapvp.com.
Contact: Andrew Berg
Sr. Director, Marketing
469-571-3262
press@investnext.com
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SOURCE InvestNext