Yieldstreet seeks $75-$100 million in new funding as the investment platform weighs sale [Fortune]
Oracle Corporation (ORCL)
Last oracle corporation earnings: 3/12 04:02 pm
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Source: Fortune
Yieldstreet has hired advisors and is targeting $75 million to $100 million for the round, the people said. The fintech is also considering a sale or a combination capital raise plus sale, two of the people said. Timing is unclear. Some say the round could be finished soon, while others pegged it for early next year. Yieldstreet has raised around $800 million in total funding, according to Crunchbase , from investors that include Khosla Ventures, Thrive Capital and Greycroft. The company has not disclosed how much it is worth in recent years, but reports pegged its valuation at $800 million after Yieldstreet raised a $100 million round in 2021. Executives for Yieldstreet, Thrive and Greycroft declined comment. Khosla did not return messages for comment. In 2015, Michael Weisz and Milind Mehere co-founded Yieldstreet, a private market investing platform that lets investors access alternatives like real estate, art, private credit or venture capital. Yieldstreet has about 500,000
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ORCL
Earnings
- 9/9/24 - Beat
ORCL
Sec Filings
- 11/18/24 - Form 8-K
- 11/12/24 - Form 4
- 10/29/24 - Form 4
- ORCL's page on the SEC website