What is Here?
Here operates at the intersection of hospitality, real estate, and investing, providing a platform that allows non-accredited investors to participate in the ownership of luxury homes and vacation rentals. The company's model enables individuals to invest in SEC-securitized properties with shares starting as low as $1, while Here handles all property management. This approach aims to lower the barrier to entry for investing in the vacation rental asset class, offering a path to diversification through monthly income and potential property appreciation in markets known for stability and strong cash flow.
How much funding has Here raised?
Here has raised a total of $7M across 2 funding rounds:
Other Financing Round
$2M
Angel/Seed
$5M
Other Financing Round (2022): $2M with participation from Gaingels, Alumni Ventures, Liquid 2 Ventures, and Mucker Capital
Angel/Seed (2022): $5M led by Fiat Ventures, Liquid 2 Ventures, and Mucker Capital
Key Investors in Here
Gaingels
Gaingels is a prominent investment syndicate supporting the LGBTQ community and allies in venture capital, deploying significant capital across a diverse portfolio of companies. They invest in businesses with LGBTQ founders or inclusive teams, from Seed to pre-IPO stages.
Alumni Ventures
Alumni Ventures Group (AVG) specializes in creating and managing venture capital funds tied to top colleges and universities, offering a structured approach to alumni investing in startups.
Liquid 2 Ventures
Liquid 2 Ventures is an early-stage investment firm focused on supporting exceptional founders across all technology sectors, providing capital, community, and strategic mentorship.
What's next for Here?
The recent major strategic investment signals a pivotal phase for Here, likely enabling the company to scale its operations, expand its property portfolio, and enhance its technological infrastructure. This infusion of capital is expected to fuel further market penetration and product development, solidifying Here's position as a key player in the fractional real estate investment sector. The company's focus on high-appreciation, high-cash-flow markets suggests a strategy geared towards long-term investor returns and sustainable growth.
See full Here company page
