TLDR:
- Nada appoints Tore Steen as new CEO to drive real estate wealth transformation.
- Nada secures additional seed extension funding from LiveOak Ventures and 7BC Venture Capital.
Nada, the innovative investment tech platform connecting homeowners with investors, has appointed Tore Steen as its new CEO and President. Steen, a former co-founder of CrowdStreet, brings over ten years of experience in real estate tech investment. His leadership will help Nada in its mission to make the $30 trillion home equity market accessible to individual investors and homeowners. John Green, Nada’s Co-founder, will transition to the role of Chief Operating Officer.
LiveOak Ventures and 7BC Venture Capital have provided seed extension funding to Nada, although the financial details were not disclosed. Steen’s character, proven track record, and expertise make him the ideal leader to guide Nada through its next phase of growth. Krishna Srinivasan, a board member and founding partner of LiveOak Ventures, expressed confidence in Steen’s ability to complement Nada’s early success.
This strategic move by Nada signifies a significant development in the real estate investment sector, as the company aims to revolutionize how individuals participate in the real estate market and gain wealth through innovative investment solutions.
