Bricksave Closes a $650,000 Funding Round To Support Its Continued Success
Aug 8, 2019
August 2019 was a great month for Bricksave as we have closed a $650,000 funding round that will allow us to expand and open real estate investment opportunities to other countries such as Uruguay, Brazil, Chile and more.
The investment came from LAB Miami Ventures and Telor Investments Limited. For LAB Miami Ventures, Bricksave is the first investment of its recently announced PropTech Fund and its experience and business connections throughout Latin America will help us with our international launch. Telor has a global investment portfolio and some of its successful investments to date include Properati, the leading cross-border property listing site in Latin America, founded in Buenos Aires.
As you can see below, It also made quite a lot of noise in Latin America:
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Properties Open for Investment
Apt. 7o2A, Corsega 60, Barcelona
Barcelona, Spain
Apt. 7o2A, Corsega 60, Barcelona
Barcelona, Spain
Estimated Avg. Annual Return*
8.8% - 10.8%
Property TypeApartment
Total Cost of Property€ 432,600
Investment Duration4 years
Estimated Avg. Annual Return*8.8% - 10.8%
Total Invested€ 422,038
98% Funded € 422,038
Target € 432,600
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Detroit, United States of America
Detroit, United States of America
Estimated Avg. Annual Return*
12.3% - 14.3%
Property TypeSingle Family House
Total Cost of PropertyUS$ 68,000
Investment Duration4 years
Estimated Avg. Annual Return*12.3% - 14.3%
Total InvestedUS$ 32,827
48% Funded US$ 32,827
Target US$ 68,000
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*This amount is an estimate and should not be considered a guaranteed figure. The value of your investment can go up as well as down. In most circumstances the maximum duration of an investment will be 4 years.
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