Real estate crowdfunding startup Groundfloor lands seed funding

Raleigh, N.C.-based real estate crowdfunding startup Groundfloor has landed $125,000 in seed funding from four investors including Bandwidth Labs and Capitol Broadcasting Co., the Triangle Business Journal reports.

Groundfloor told the paper in June that it’s using its Web-based platform to help the developer of a multitenant residential project raise “a low seven-figure” amount from retail investors. Source: bizjournals.com