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nvestNext, a Detroit-based trailblazer in real estate investment management, has secured $15 million in Series B funding. Led by Beringea, this strategic investment will propel the platform's evolution and expansion, empowering firms to navigate the complex landscape of regulatory requirements and investor demands.
As a leading solution for real estate professionals, InvestNext streamlines capital raising and management, ensuring accuracy and efficiency for General Partners, Finance Leaders, Compliance Officers, and Investor Relations teams. Founded on the principle of delivering fully digital solutions to intricate workflows, InvestNext has built a robust platform addressing investor subscription documentation, secure payments, waterfall distributions, automated cap table management, and K-1 disseminations.
With a presence in both the US and Canada, InvestNext serves over 1,600 GP clients, managing more than 70,000 global investors across 105,000 active investments. Its remarkable 96% customer retention rate underscores its commitment to delivering exceptional value and fostering long-term relationships with clients. Co-founders Kevin Heras, Michael Gisi, and Matthew Attou have consistently prioritized stable growth, guiding their approach to Series B funding.
The partnership with Beringea marks a significant milestone for InvestNext, yet its focus remains unchanged: building the most compliant and secure investment management platform. As a product-centric company, InvestNext is dedicated to equipping clients with the tools needed to tackle challenges like increased regulatory scrutiny in real estate.
With this new funding, InvestNext will enhance its platform capabilities, introducing innovative solutions to help GPs navigate compliance, capital raising, and investor engagement more efficiently. The company remains committed to delivering exceptional support while building a future-proof platform that empowers real estate investment firms to scale with confidence.
"We're at a critical juncture in the real estate market, where firms must adapt to increasing regulatory scrutiny and sophisticated LPs," 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 transparency to private markets."
"Many clients choose InvestNext because they align with our values and operational principles," added Matthew Attou, Co-founder and Chief Product Officer. "We're thrilled to have found an investor that shares our vision."
"Beringea is excited to support InvestNext as it scales to meet increasing demand in the real estate investing space," said Ben Bernstein, Principal at Beringea. "Their platform is not just innovative – it's empowering key stakeholders to work more efficiently and develop stronger ties with their investors."
