Stake Raises $14 Million to Expand Fractional Property Investment Platform to Saudi Arabia and Abu Dhabi
A fast-growing financial technology company has raised $14 million to launch its unique real estate investment platform in Saudi Arabia and Abu Dhabi. Stake allows individuals to purchase shares in high-end residential properties with as little as $1,000, providing exposure to new markets and assets previously inaccessible to most investors.
By fractionalizing home ownership, Stake removes barriers that traditionally exclude everyday investors from reaping potential profits from the lucrative property sector. With average property values rapidly rising across the Middle East, gaining even a small stake offers a new avenue for portfolio diversification and wealth generation. The platform utilizes sophisticated technology to manage shared ownership, rental operations, and investment administration for participants.
Co-founder and CEO Matthew Leibowitz commented that tapping into regional property booms while minimizing individual risk is central to their mission. “With Stake, anyone can become a global property investor. We’re thrilled to introduce our innovative model to these economies and empower more people to share in the rewards of real estate markets undergoing spectacular growth.”
In addition to institutional backers, the Series B funding round included participation from Two Sigma Ventures and Khosla Ventures. The fresh capital will fuel international expansion plans, starting with initial launches in Saudi Arabia and Abu Dhabi before considering other Gulf markets. Stake aims to simplify cross-border property investing and open the asset class to a broader investor base worldwide.