Fundrise was founded by two brothers, Dan and Ben Miller, in 2010. The company operates a finance start-up that provides an online platform for real estate investment. The brothers founded the company with the idea to allow residents in the D.C. area to invest in real estate development projects they were building.
After the initial project, Fundrise was contacted by real estate companies looking to use the Fundrise platform to raise capital. Soon thereafter, the company expanded its platform to allow conventional real estate investments from commercial developers across the United States. By the end of May 2014, the company reported having facilitated $15 million in investments involving more than 1,000 investors.
Headquarters for Fundrise are located in Washington, D.C.