ATLANTA, Jan. 25, 2019 /PRNewswire/ -- The Technology Association of Georgia (TAG), the state's leading association dedicated to the promotion and economic advancement of Georgia's technology industry, is naming GROUNDFLOOR one of its Top 40 Innovative Technology Companies. TAG will recognize this prestigious group at The Summit 2019 on February 11-12, 2019, at the Cobb Galleria Centre.
TAG'S Top 40 Awards recognize Georgia-based technology companies for their innovation, financial impact, and their efforts at spreading awareness of Georgia's technology initiatives throughout the U.S. and globally.
Founded in 2013 by Brian Dally and Nick Bhargava, GROUNDFLOOR opens private capital markets to all. GROUNDFLOOR was the first company qualified by the U.S. Securities & Exchange Commission to offer direct real estate debt investments via Regulation A for non-accredited and accredited investors alike. Today, it remains the only product offering a customizable real estate debt portfolio for short-term, high-yield returns. For real estate entrepreneurs, GROUNDFLOOR offers borrower friendly loan terms like a deferred payment option to give developers more control over their cash flow.
The company is headquartered in Atlanta and is a graduate of the prestigious ATDC incubator at Georgia Tech. To date it has raised $13.8M in equity capital and loaned more than $100M to borrowers through its platform. While anyone in the country can invest in GROUNDFLOOR with as little as $10, the company focuses its lending in 25 states.
"The 2019 Top 40 finalists are an elite group of innovators who represent the very best of Georgia's Technology community," said Larry Williams, president & CEO of TAG. "The 2019 Top 40 finalists are shining examples of what makes our State such a hotbed for technology and we applaud them for standing out as leaders in Georgia's technology community."
"GROUNDFLOOR is honored to be recognized as one of the most innovative companies in Georgia," said Brian Dally, GROUNDFLOOR's CEO and co-founder. "Although we founded GROUNDFLOOR in North Carolina, we literally picked up and moved to Georgia to launch the company in 2014 because of the innovative environment for capital formation here. We haven't looked back since and are proud to contribute to this vibrant fintech community."
For more information about GROUNDFLOOR or to open an account, visit www.groundfloor.com.
ABOUT THE TECHNOLOGY ASSOCIATION OF GEORGIA (TAG)
TAG is the leading technology industry association in the state, serving more than 35,000 members through regional chapters in Metro Atlanta, Athens, Augusta, Columbus, Macon/Middle Georgia, and Savannah. TAG's mission is to educate, promote, influence and unite Georgia's technology community to foster an innovative and connected marketplace that stimulates and enhances a tech-based economy.
Additionally, the TAG Education Collaborative (TAG's charitable arm) focuses on helping science, technology, engineering and math (STEM) education initiatives thrive.