Myrtle Grove Ventures (MGV) is a global investment holding company with interests in technology, finance, and real estate. MGV focuses specifically on the financial technology and investment crowdfunding sectors. MGV founds, funds, and operates companies in-house and brings in external partners and investors to help scale the organizations. MGV was founded by Dan Miller, a FinTech and crowdfunding pioneer, and is based in New York City.
MGV’s largest holding is Rise Companies Corp., the parent company of Fundrise. MGV owns 5,000,0000 shares of Class F Founder Common Stock, representing an 18.2% ownership stake in the company. Fundrise is the first and largest real estate crowdfunding platform in the United States. Dan Miller, founder and owner of MGV, was founder, President and Director of Fundrise from October 2010 – October 2015. Dan founded Fundrise, provided the initial $2m of seed capital to launch the business and later raised $35 million in a Series A investment round led by RenRen. Fundrise remains the largest real estate crowdfunding platform in the United States and is positioned for continued growth in the coming years as the real estate crowdfunding market matures.
MGV is actively forming FinTech ventures and looks forward to announcing new projects soon. MGV is headquartered in New York City with plans to expand to Europe in 2017.