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We wanted to reach out to share very exciting news about PeerStreet. As you may have seen in The Wall Street Journal  and Reuters earlier today, we announced the closing of our Series A funding led by the well-known venture firm, Andreessen Horowitz.

Credibility in The Technology Industry

This is an important next step for our company and will help solidify PeerStreet as the leading online investment platform for real estate debt. Andreessen Horowitz has backed some of the most successful technology companies, including Airbnb, Facebook, Twitter, Box and Slack. We are deeply humbled to have such a highly respected venture firm backing PeerStreet.

Andreessen General Partner Alex Rampell, who brings deep FinTech expertise from previously co-founding companies like Affirm and Point, will join PeerStreet’s board. In addition to Andreessen Horowitz, The Kaiser Family Foundation, Rembrandt Venture Partners, Montage Ventures and other notable investors participated in the round.

More Product Launching for Our Investors

The latest funding will help us scale both the investment platform and our national lender footprint. It will also afford us the opportunity to add new product features for investors and provide more technology offerings for our lenders. Most importantly, it will help us carry out PeerStreet’s mission to level the playing field and create a better deal for everyone. We’ve taken several steps already to fulfill these goals and look forward to building on our impact.

The past two years have been an incredible journey and none of our success would possible without the support of you and all other PeerStreet investors, lenders, advisors, our team and everyone else who’s had a hand in building this business.

We look forward to what the next chapter brings!

Sincerely,

Brew Johnson and Brett Crosby
Co-founders

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