PeerStreet announces Series C funding
Gunderson Dettmer client and real estate loan investment platform PeerStreet has raised $60 million in a Series C financing. The round of funding was led by Colchis Capital with existing investors including Andreessen Horowitz, World Innovation Lab and Thomvest Ventures participating.
In the announcement of the funding PeerStreet co-founder and CEO Brew Johnson said, “2019 has been an incredible year of growth for PeerStreet, and this funding round will accelerate that growth. The injection of equity capital into our business via the Series C, combined with strong demand from loan buyers, means we will continue to provide value for lenders, end borrowers, and investors for years to come.”
The Gunderson Dettmer deal team was led by Lou Soto and included Jared Mayberry, Amy Luong and Cameron Jahansouz.