Nestment
Real estate co-buying & co-ownership platform
End-to-end automation and assistance for friction points in residential real estate co-buying and co-ownership.
Sourcing Story
Nestment was referred to Idea Fund Partners thanks to the strong relationship with Jordan Fliegel, Managing Director of Techstars NYC. Not only was there alignment with IFP’s belief in fractionalization and financial innovation in housing, but Nestment also presented a compelling opportunity to invest in an experienced, majority underrepresented founding team.
Conviction Points
Niles has deep experience with real estate co-buying and co-ownership, having done it personally for ten years after exiting his first company. This deep knowledge of the co-ownership experience is rounded out ideally with a co-founding team that has all previously worked with Niles.
Founded
2019
Headquarters
Hermosa Beach, CA
Investment Date
February, 2023