Ryse, a marketplace aiming to connect real estate operators with capital market investors, recently announced a $500,000 pre-seed investment led by Y Combinator. Founded in 2024 by Sean Mitchell, Harsh Yadav, Thomas L. Smith, and Seva Levitski, Ryse seeks to streamline the trading of lease assets.
The company’s platform simplifies the process for banks and asset managers to acquire real estate leases in a market valued at $1.5 trillion. Ryse addresses the current lack of trading, reporting, and payment processing infrastructure, along with standardized data for asset valuation.
Ryse’s approach involves developing a marketplace that aggregates and standardizes underwriting data directly from real estate operators. This innovative system is expected to enable real-time analysis, trading, and payment processing for lease-backed asset purchases, potentially revolutionizing interactions between investors and real estate operators.
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By Proptechbuzz
By Ravi Kumar
