Arrived, a platform designed for fractional real estate investing, has announced $27 million in new funding alongside the launch of the Arrived Secondary Market — a marketplace that enables investors to buy and sell shares of individual rental homes across the U.S. with just a few clicks.
To date, more than 850,000 investors have joined Arrived, investing $300 million-plus in real estate assets spanning over 550 properties in 65 cities nationwide. In the first three weeks of trading, Arrived has seen investors place more than 57,000 buy and sell orders.
"I love the audacity of the Arrived vision: a stock market for real estate," said Ali Partovi, co-founder of Code.org and managing director of Neo, which has also backed Kalshi, Cursor, and Ramp. "I'm betting on them to democratize and digitize access to America's $50 trillion in residential real estate."
Through its peer-to-peer matching system, Arrived's Secondary Market allows investors to:
- Buy and sell shares of rental properties directly from other real estate investors
- Exit or expand positions with greater flexibility — often in just minutes
- Capture appreciation and rebalance portfolios
- Access transparent pricing and seamless digital transactions
Arrived’s new funding was led by Neo, with participation from Forerunner Ventures, Bezos Expeditions, Core, and additional strategic and community investments, bringing total new capital to $27 million and total funding to more than $60 million to date. Other existing investors include Marc Benioff, Spencer Rascoff, and Dara Khosrowshahi.
"We believe real estate investing is going to move online," said Ryan Frazier, co-founder and CEO of Arrived. "Our vision is a future where real estate investing feels just like investing in public companies — where anyone can buy and sell shares of properties in minutes, not months."
