Finance

Alternative investments platform Yieldstreet raises $100 million

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Yieldstreet co-founders Milind Mehere (L) and Michael Weisz

Source: Yieldstreet

Alternative investments platform Yieldstreet — which is aiming to democratize private investing opportunities historically reserved for the top 1% — announced Wednesday a $100 million series C funding round.

For the last six years, Yieldstreet has been giving its users access to a category of deals that had been the domain of institutions like hedge funds or billionaires’ family offices.

Since returning over $960 million to investors since it started six years ago, New York-based Yieldstreet has lowered minimum investment entry points — some as low as $1,000 — and has grown its diversity of alternative…



Source cnbc.com

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