Arrived, a leader in fractional real estate investing, announced the launch of its new Arrived Secondary Market. This first-of-its-kind marketplace enables investors to buy and sell shares of individual rental homes across the United States with just a few clicks. The company also revealed a $27 million funding round led by Neo, with participation from Forerunner Ventures, Bezos Expeditions, Core, and other strategic and community investors. This new funding brings Arrived’s total capital raised to more than $60 million to date. Additional backers include Marc Benioff, Spencer Rascoff, and Dara Khosrowshahi.
The launch of the Arrived Secondary Market marks a significant milestone for both the company and the broader real estate industry, effectively transforming property ownership from a traditionally slow, offline process into a seamless digital experience. The platform now enables users to browse, invest in, and trade shares of properties online within minutes.
More than 850,000 investors have already joined Arrived, collectively investing over $300 million in assets spanning 550 properties across 65 cities nationwide. Within the first three weeks of trading, investors placed over 57,000 buy and sell orders on the new platform, signaling early enthusiasm for this innovative approach to liquidity and real estate investing.
Arrived’s marketplace introduces a level of accessibility and efficiency comparable to public stock exchanges. Through its peer-to-peer matching system, investors can buy and sell shares of rental properties directly with others, exit or expand positions quickly, capture appreciation, and access transparent pricing — all through digital transactions that can be completed in minutes. The company’s investments start as low as $100, allowing a wide range of investors to earn passive income and participate in potential appreciation without the complexities of traditional property management.
Arrived’s vision is to turn real estate into a modern, tradable asset class — similar to how the stock market democratized investing in public companies. The platform is supported by prominent investors, including Neo, Bezos Expeditions, Marc Benioff, and the founders of Warby Parker, Harry’s, and Allbirds, as well as Spencer Rascoff, the former CEO of Zillow.
KEY QUOTES:
“I love the audacity of the Arrived vision: a stock market for real estate. I’m betting on them to democratize and digitize access to America’s $50 trillion in residential real estate.”
Ali Partovi, Co-Founder of Code.org and Managing Director of Neo
“We believe real estate investing is going to move online. 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.”
Ryan Frazier, Co-Founder and CEO of Arrived