Monday, October 10, 2022 / by Juan Grimaldo
Real estate investment startup CrowdStreet Inc. raised $43 million from investors in a round led by the venture arm of private equity firm TIAA.
The round was debt and equity and included new backers Cypress Equity Investments, The Dinerstein Cos. and Foulger-Pratt. Existing backers Grotech Ventures, Rally Ventures, Seven Peaks Ventures, and Green Visor Capital also participated.
CrowdStreet was founded in Portland in 2013 but moved its headquarters to Austin, Texas, in 2021. Portland remains the company’s largest employee base. The move to Austin was based on tax and regulation purposes as well as the growth in the company’s customer base in Texas.
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By: Malia Spencer - Portland Inno