GROUNDFLOOR, an investing and lending platform that allows anyone to invest fractionally in real estate, is announcing its Q1 results and momentum. Despite the government shutdown of the U.S. Securities and Exchange Commission for 35 days, GROUNDFLOOR still experienced 123% percent non-GAAP Q1 revenue growth compared to the prior year Q1. In addition, the company won numerous awards based on its product innovation and business results. To date, GROUNDFLOOR remains the only company qualified by the S.E.C. to offer direct real estate based debt investments to non-accredited investors.

Additional Q1 momentum for GROUNDFLOOR includes:

Achieving a 166% increase in unit volume for loans closed in Q1 '19 vs. Q1 '18

More than doubling loan application volume for Q1 '19 vs. Q1 '18 (121% increase)

Selling more than $14.5M in real estate investments to retail investors on the platform

Surpassing more than 60,000 registered users

Eclipsing $100MM in loans to real estate developers to-date in more than two dozen states

Expanding product offerings, such as new construction loans and a fixed annualized notes product returning 5 percent on a 90-day term

Launching a second online public offering to purchase stock in GROUNDFLOOR directly

Lastly, GROUNDFLOOR was recognized for several awards based on its innovation and company growth including:

Received a "Top Deal" stock buy designation from Equity crowdfunding rating service, KINGSCROWD, a distinction reserved for deals selected into the top 10% of companies in their due diligence funnel

Recognized as a TAG Top 40 Georgia-based technology company for innovation and financial impact

Honored as the best crowdfunding platform with the Fintech Breakthrough Award

Won the Technology Association of Georgia's Fintech ADVANCE Award for having demonstrable results that helped the financial industry move forward through innovation

Named an Atlanta Business Chronicle Pacesetter Award Finalist as one of the top 100 Georgia companies demonstrating rapid financial growth based on annual revenues

Both CEO Brian Dally and the company were listed as one of Atlanta Inno's 50 on Fire recipients for contributing to the Atlanta innovation ecosystem