Investing > Best Alternative Investments Platform
Roofstock is the leading marketplace for investing in real estate. The company provides all of the resources for investors to buy, own and sell real estate online, including data analytics, property management oversight, and other tools. Roofstock’s transparent, innovative marketplace empowers investors to own cash-flowing investment homes, diversify their investment portfolios and build long-term wealth through real estate.
This year, Roofstock launched a number of initiatives that support its mission to democratize and radically simplify how people invest in real estate and the impact has been tremendous. This year, the company eclipsed $1.6 billion in transactions on its site, while attracting a growing amount of interest, with new users are up more than 125% from 2018. The company is also attracting new investors to the real estate space. 75% of users on the site are first-time real estate investors while 80% are under 45, indicating a huge interest among millennials looking to build long term wealth.
In February 2019, Roofstock launched Roofstock One, a fractionalized investment offering that lets accredited investors purchase “shares” of homes for as little as $5,000. Since launching, Roofstock One has been very successful, expanding to four metro markets and attracting investments in millions of dollars of housing stock in just over six months.
2019 also saw the launch of Roofstock Platform Services, transforming Roofstock from an investment marketplace into a platform on which others can build real estate businesses - essentially becoming the Amazon Web Services of real estate. Platform Services lets users customize access to Roofstock’s robust Acquisition, Transaction, Property Management, Asset Management and Disposition services at scale to support their own real estate businesses.
Backed by world-class investors including Khosla Ventures, Lightspeed Venture Partners, Bain Capital Ventures, and Canvas Ventures, Roofstock’s continued success demonstrates why it’s a leading real estate fintech.