This funding from the venture capital arm of multi-billion-dollar real estate investment manager Meyer Bergman will help to accelerate the growth of CapitalRise and brings the total funds raised in this round to £3.3m.
CapitalRise aims to use the funding in order to achieve its £100m lending target — the next major milestone for the platform.
“To receive backing from such eminent investors reflects sustained confidence in our proposition,” said Uma Rajah, CEO and co-founder at CapitalRise.
Uma added that both companies were “united in their vision to disrupt the traditional real estate market and encourage innovation across the sector”.
CapitalRise has lent almost £50m against over £330m of property assets in locations including Mayfair, Knightsbridge and the Home Counties.
Ted Orf, co-founder of Revolt Ventures, added: “Revolt is excited to be working with the CapitalRise team and looks forward to supporting its work.
“With such an impressive founding team, its property and fintech expertise has helped it to prove its product-market fit, while its strong growth trajectory demonstrates the company’s ability to successfully scale in a competitive market.”