Ryse Secures Pre-Seed Funding to Innovate Sale-Lease Back Real Estate Market

Ryse, a marketplace aimed at bridging the gap between real estate operators and capital markets investors, recently announced a $500,000 pre-seed investment led by Y Combinator. Founded in 2024 by Sean Mitchell, formerly of Rezi, along with Harsh Yadav, Thomas L. Smith, and Seva Levitski, Ryse is set to address the unmet need for a platform where lease assets can be traded efficiently.

The company’s platform intends to simplify the process for banks and asset managers to acquire real estate leases, a market reportedly valued at $1.5 trillion. Ryse's approach involves developing a marketplace devoid of current trading, reporting, and payment processing infrastructures and lacks standardized data for asset valuation.

By introducing a system that aggregates and standardizes underwriting data directly from real estate operators, Ryse aims to provide a robust solution for capital markets investors. This system is expected to facilitate real-time analysis, trading, and payment processing for lease-backed asset purchases, potentially transforming how investors and real estate operators interact within the market.