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eferred, a technology-powered Qualified Intermediary, has secured $3.6 million in seed funding to transform 1031 exchanges for everyday real estate investors. Led by B Capital and Fika Ventures, with additional support from strategic investors, this funding will advance Deferred's efforts to democratize real estate investing.
Launched in 2024, Deferred modernizes the 1031 exchange process, making tax-deferred transactions more accessible, secure, and efficient for all investors. Despite tens of billions in annual transaction volume, a small percentage of eligible deals take advantage of the tax break. Deferred addresses this gap with a software-powered approach that streamlines exchanges, enhances security, and eliminates unnecessary fees.
Key features include AI-Driven Compliance & Automation, Robust Fund Security, and a No Fee Exchange Model. The company recently acquired Plenti Financial, a Qualified Intermediary with experience facilitating nearly 7,000 1031 exchanges. This acquisition brings over 30 years of industry expertise to Deferred's platform.
The funding will be used to expand access to 1031 exchanges, ensuring that every investor can leverage this powerful wealth-building tool. "We're redefining what it means to be a Qualified Intermediary by combining cutting-edge fintech infrastructure with deep real estate industry expertise," said Judd Schoenholtz, Co-Founder and CEO of Deferred.
B Capital's Gabe Greenbaum noted that Deferred is applying innovative AI technology to a long-standing use case while unlocking value for thousands of people and communities. Fika Ventures' Arteen Arabshahi added that they are thrilled to partner with the Deferred team, who are doing it seamlessly and securely for their clients of all sizes.
