User:Sienna.king/sandbox

Realto, Inc. is an Overland Park, Kansas-based financial technology startup that provides a secondary market for unlisted and unregistered REITs, business development companies (BDCs), commercial real estate investment vehicles, and restricted public securities and other alternative investments for shareholders, issuers, financial advisors, and investors.

History
Realto was co-founded on June 1, 2020, by CEO, Brian King and President, Jeffrey Kinney.

After receiving regulatory approval from the Financial Industry Regulatory Authority (FINRA) on November 29, 2021, Realto launched its secondary market on December 8, 2021. Phillips Edison (PECO) was the first sponsor whose shares were traded on the platform.

Markets Traded on Realto
Unregistered securities, securities that are registered with the U.S. Securities Exchange Commission (SEC) but do not trade on major securities exchanges, and securities that do trade on major exchanges but have a class of shares that are restricted from trading for a prescribed period are able to trade over Realto in the following asset classes:

-Real estate investment trusts (REITs)

-Business development companies (BDCs)

-Closed-End Funds

External Funding Rounds
Pre-Seed $3.5 million -- Led by Gary Fish; other investors include JE Dunn Construction

Seed --- $5 million final close (4.5 million first close) -- Led by Firebrand Ventures; other investors include KC Rise Fund

Licenses
Realto is licensed in 28 U.S. States and Territories with the SEC and with FINRA.

Key People
Brian King, CEO

Jeffrey Kinney, President

Jeremy Smith, COO

Rigo Neri, CTO

Gary Fish, Board Director

John Fein, Board Director

Annemarie Tierney, Board Director