Patch of Land
Sherman Oaks
About Patch of Land
Patch of Land is a real estate crowdfunding site that brings together borrowers and investors through a simple online interface. It is a real estate marketplace lender that uses proprietary technology and data to provide transparent, scalable, and efficient lending solutions. The company also offers borrowers access to reliable capital for residential and commercial real estate projects while providing investors easy diversification into real estate with low minimums and a best-in-class secured loan structure. Patch of Land mission is to solve the problem of slow, inefficient, fragmented, and obscure private real estate lending by using the latest technology, data, and process efficiency to more accurately assign risk profiles and project viability, while greatly reducing the time and cost of loan underwriting for borrowers with real estate projects that are overlooked or rejected by banks and traditional lenders. It was founded in 2013 and is based in Los Angeles, California.
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Private
- Employees: 51 – 100
- Estimated revenue: $1K – $10K
- Total funding: $54.9M
- Funding stage: Early Stage Venture
- Last round: Debt Financing (Jun 2017)
- Website: patchofland.com
- Phone: 888-959-1465
Industries & Categories
Crowdfunding, Finance, FinTech, Internet, Lending
Social Profiles
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