Yieldstreet Secures $45 Million in Series D Financing to Expand Opportunities in Private Markets
Yieldstreet Secures $45 Million in Series D Financing to Expand Opportunities in Private Markets
Investment led by Tarsadia Investments, Mayfair Equity Partners, and Edison Partners
NEW YORK--(BUSINESS WIRE)--Yieldstreet (or the “Company”), a leading private markets investment platform, today announced the successful close of an initial $45 million equity investment as part of its planned $60 million Series D funding round, led by existing investors Tarsadia Investments, Mayfair Equity Partners, and Edison Partners. The capital will be used to fund Yieldstreet’s growth plans and continue delivering private market alternatives to investors.
“Yieldstreet sits at the convergence between private markets and technology, and we have made significant progress in our mission to provide investors with access to more private markets opportunities,” said Mitchell Caplan, Interim CEO of Yieldstreet and President of Tarsadia Investments. “With over 500,000 members already trusting our platform, this financing further strengthens Yieldstreet's financial footing, allowing us to accelerate our plans for growth, enhance our technological infrastructure, and deliver an unrivaled private markets investing experience.”
“We are thrilled to support Yieldstreet in its next phase of growth,” said Kunal Dasgupta, Partner at Mayfair Equity Partners. “The decision to participate in the round was simple – we have strong conviction in the business and believe this is just the beginning of what it can achieve.”
“The private markets landscape is evolving rapidly, with platforms replacing traditional access models,” said Chris Sugden, Managing Partner at Edison Partners. “Yieldstreet's technology and distribution capabilities create the perfect foundation for connecting investors with premier investments across private markets asset classes.”
About Yieldstreet
With more than 500,000 members, Yieldstreet is reimagining how wealth is created, helping investors diversify their portfolios with assets spanning real estate, private credit, private equity, art and more. Its award-winning platform offers investments across ten asset classes. For more information, visit www.yieldstreet.com.
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