Beringea, the transatlantic growth capital investor, has led an investment in Detroit-based real estate investment management platform InvestNext. The $15 million Series B funding round is part of a strategic move to evolve and expand the InvestNext platform to help firms navigate increasing regulatory complexities and investor demands.
"Amid increasing regulatory scrutiny and a real estate capital market that is more accessible than ever, it is crucial for firms to be equipped to scale efficiently, adapt to a growing base of sophisticated LPs and capital partners, and navigate risk while maintaining compliance with the SEC and other regulatory frameworks," 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 the same level of access and transparency to private real estate markets that investors have in public markets.”
InvestNext is the leading solution for real estate investment professionals to raise and manage capital more efficiently. The platform is designed to expedite capital raising and ensure greater accuracy in the work of General Partners, Finance Leaders, Compliance Officers, and Investor Relations teams. Since its inception, InvestNext has focused on building fully digital solutions to the most complex and nuanced workflows in real estate investing, including investor subscription documentation and accreditation, secure payments, waterfall distributions, automated cap table management, and K-1 disseminations.
InvestNext's partnership with Beringea signals an important milestone in the journey, but the focus remains the same. As a product-centric company, InvestNext is determined to build the most compliant and secure investment management platform on the market, equipping clients to meet challenges like increased regulatory scrutiny in real estate head on.
"The InvestNext platform is not just innovative—it's empowering key stakeholders to work more efficiently and develop stronger ties with their investors," said Ben Bernstein, Principal at Beringea and incoming InvestNext board director. "That's the kind of transformational solution we're excited to support as it scales to meet increasing demand in the real estate investing space.”
About InvestNext
InvestNext is a cutting-edge real estate investment management platform for raising and managing capital more efficiently. With industry-leading technology for fundraising, investor management, compliance tracking, and financial automation, InvestNext empowers real estate investment funds and syndicates to save time on operations and build lasting investor loyalty. Based in Detroit with employees across the US and Canada, InvestNext is trusted by over 1,600 general partners and 70,000 investors. Learn more at investnext.com.
About Beringea
Beringea is a transatlantic venture capital investor that seeks to create lasting success for rapidly scaling entrepreneurial companies across a wide range of sectors, including healthcare, technology, media, consumer goods and business services. With offices in Detroit (U.S.) and London, we provide patient capital and a global footprint to back founders throughout their journey, helping them overcome barriers to scale and build international success stories. For information on our U.S. investment activities visit beringea.com/funds.
