New York, New York -- Financial services technology company Propellr has raised $1.14 million in new equity venture capital funding, according to an SEC regulatory filing.
Propellr provides alternative asset investments and related services to accredited investors.
The company specializes in structured credit investments secured by commercial real estate.
Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds.
A total of nine investors participated in the offering.
Propellr is still seeking $1.36 million in additional equity investment, according to the filing.