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About Lex

We Raised $15M to Take More Buildings Public

Andrew Carnegie famously said that 90% of millionaires become so through owning real estate. Many of today’s wealthiest investors have proven him right. But the rules of real estate investing favor the rich and well-connected; high investment minimums, accreditation requirements, long minimum hold times, and private offering structures all make it difficult or impossible for average investors to participate. 

Our mission is to change that - LEX exists to empower wealth creation by solving real estate’s access and liquidity problems. We believe that taking buildings public should become as common as taking companies public, and that investing in iconic buildings in your favorite city should be as easy as buying stock in your favorite brands.

Today, we're thrilled to share that we've raised a $15M Series A to accelerate our mission, grow our team, and expand the number of buildings we bring our investors. We’ll be able to take more buildings public, faster, thereby increasing your access to incredible assets. Right now, investors see three deals when they sign up for LEX - one is trading, one is raising capital in an IPO, and one is coming soon. With this new capital, 2022 will be the year LEX grows from a new marketplace into a broader slate of buildings for our investors to choose from.

Our Backers

PEAK6 Strategic Capital led the round, expanding their critical partnership to LEX that dates back to our inception. In addition to being investors, PEAK6 powers the clearing and custody for our broker dealer and trading system through Apex Fintech Solutions, a PEAK6 company. We’re proud and grateful that their team have become such close partners and share our vision for the future of LEX.  We’re excited to leverage their financial markets expertise as we grow and welcome new players into the LEX ecosystem.

We’re thrilled to have the support of 20+ other investors in this round. Among them: Two Lanterns, Khosla Ventures, MUFG Innovation Partners, and Gaingels, all of whom have become our close partners and supported our mission. These new investors join an amazing slate of over 50+ investors who’ve backed LEX over the last two years.


Creating More Real Estate Investors

Over the past three years, the LEX team has worked hard to address and reduce the inherent hurdles that have prevented many from investing in commercial real estate.

We’ve built a bridge that connects everyday investors to quality real estate investments, and building it was no small feat. It involved clearing regulatory hurdles, building our technology infrastructure, and sourcing and structuring a foundational pipeline of deals. We successfully built the bridge, and recently cut the ribbon, opening an innovative new path for any investor to participate in this great asset class. Now we have the privilege of welcoming more investors over to our side.

If you’re reading this, you can start your real estate investing journey today. In under five minutes, any U.S. investor can sign up for LEX, link their bank account, and invest in shares of a property with LEX. As a shareholder, you’ll earn your share of income as the tenants of the building pay rent (returns not guaranteed, of course) and are free to trade your shares at any time, without lockups or hold periods.

You can learn more about the ways real estate investing can make you money here and more about LEX’s unique approach to CRE investing here.

We invite you to start by downloading our free iOS app or signing up via lex-markets.com. You can also follow us on Twitter (@investwithlex) for the latest news and updates.

- Drew Sterrett and Jesse Daugherty, Co-Founders and Co-CEOs


May 16, 2022

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