Parcl

Digital platform for trading real estate assets

New York City, New York, United States

About Parcl

Parcl provides a platform for trading real estate assets similar to how stocks or digital currencies are traded. Users can buy and sell shares of real estate markets based on various performance metrics, allowing them to invest in real estate without the need to purchase physical properties. The platform currently features markets in major cities like Chicago and Los Angeles, with plans for expansion to other global cities. Parcl differentiates itself by offering a trading model that includes trading fees, a referral program, and a liquidity provider program, which allows users to earn from trading fees. The company's goal is to make real estate investment accessible and engaging for individual investors and traders, fostering a community around its platform through contests and promotions.

New York City, New YorkHeadquarters
2021Year Founded
$11.3MTotal Funding
SERIES_ACompany Stage
Fintech, Real EstateIndustries
11-50Employees

Risks

Solana blockchain volatility may affect platform stability and user trust.
Regulatory scrutiny on digital asset platforms could pose compliance challenges.
Increased competition from other blockchain real estate platforms may dilute market share.

Differentiation

Parcl offers real estate trading similar to stock and crypto markets.
The platform uses blockchain for decentralized, non-custodial real estate trading.
Parcl provides city-specific real estate indexes for global market exposure.

Upsides

Partnership with SkyBridge Capital enhances institutional finance growth opportunities.
Expansion into major cities increases market access for diverse investors.
Loyalty system boosts user engagement and trading activity on the platform.