Atlas Invest raises $11 million to innovate real estate bridge lending
Atlas Invest raises $11 million to innovate real estate bridge lending
The Israeli startup uses AI to streamline lending and enhance risk management.
Atlas Invest, a technology-driven bridge loan company, announced the close of an $11 million funding round. The round was led by venture firm The Garage, with participation from State of Mind Ventures (SOMV), Anfield, and other returning investors, including Guy Gamzu.
The capital will support Atlas’s expansion as it seeks to transform bridge financing for real estate developers and private and institutional investors. The $10 trillion bridge loan market has grown as banks tighten lending criteria, leaving developers in search of quicker, more flexible financing solutions. Traditional methods often involve sluggish underwriting and rigid terms, creating delays that cost developers significant opportunities. Simultaneously, investors are increasingly looking for low-risk, alternative investments offering strong returns and asset-backed security.
Atlas’s approach combines AI-powered technology with institutional-grade underwriting to address these inefficiencies. Its proprietary systems analyze thousands of data points to streamline underwriting and loan approvals, enabling faster, more precise financing decisions. This technology also facilitates real-time monitoring of active loans, enhancing risk management across the portfolio.