What does Yieldstreet do?
Yieldstreet offers a private markets investment platform that enables individual investors to diversify their portfolios across multiple asset classes, including real estate, private credit, private equity, art, and more.
How much did they raise?
The company raised $77M in a funding round led by Tarsadia Investments, with participation from Mayfair Equity Partners, Edison Partners, Cordoba Advisory Partners, Kingfisher Investment Advisors, and new investor RedBird Capital Partners.
What are their plans for the money?
Yieldstreet plans to use the capital to support the expansion of its platform capabilities and accelerate the integration of private markets into individual investors' portfolios, potentially broadening access to alternative investment opportunities.
What have they achieved so far?
With over 500,000 members and a platform offering investments across ten asset classes, Yieldstreet has already made significant progress in reshaping access to private market investments. The recent investment also brought industry experts onto the board, further strengthening its strategic direction.