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The Latest On How The Fallout From The Silicon Valley Bank Meltdown Is Impacting Alternative Investment Platforms

Depicts San Francisco from a distance with an orange colored sky. Used as a cover image for an article tracking the Silicon Valley Bank fallout amongst alternative investment platforms.

In case you’ve missed the news, Silicon Valley Bank effectively collapsed today. What makes this newsworthy in our corner of the world is that many startups and technology companies use SVB. That may include some of the platforms that offer alternative investments.

Note: the US government is now stating it will guarantee funds from all depositors in both SVB and Signature Bank. This should mean that there is little-to-no practical impact to any platforms using these banking intuitions over the medium- and long-term.

Below is what we know from company statements and emails.

Some Exposure

  • EquityMultiple – “Very limited exposure”
    • 98% of deposits were held outside SVB and Signature Bank
    • Source: Email to investors
  • FarmTogether – Limited impact
    • The “majority” of funds are held by Bank of America and Bank of the West
    • Two offerings had funds stored at SVB that exceed the limit of FDIC insurance
    • FarmTogether will be sending additional communications to investors who had participated in those offerings
    • Source: Email to investors
  • Percent – Not exposed (SVB), Impacted (Signature)
    • Source: Email to investors
  • Rally – Limited corporate exposure, no customer exposure
    • Less than 10% of corporate funds at SVB or Signature
    • No customer funds impacted
    • Source: Email to investors
  • Republic – “Very limited exposure”
    • No operational consequences
    • Source: Twitter

No Impact Or Exposure

  • AltoIRA – Not exposed
    • Source: Email to investors
    • They also mentioned they have no exposure to Silvergate Capital
  • Arrived Homes – Not exposed
  • Fundrise – Not Exposed
    • Source: Twitter
    • Before the government announced backing of all funds for depositors in SVB, the Fundrise team set up facilities to provide bridge funding to 30 companies that would have totaled about $31M.
  • Groundfloor – Not Exposed
  • Honeycomb Credit – Not exposed
    • No exposure to SVB or Signature Bank
    • Source: Email to investors
  • StartEngine – Not Exposed
  • Tribevest – Not Exposed
    • Source: Email to users
  • Untapped Global – Not exposed
    • Source: Email to investors

No Updates Or Statements

Last check around 12-1PM on Tuesday, March 14. All records are only to the best of my knowledge, so it is possible an update has been given through a channel (e.g. Reddit) that I am not aware of.

If anyone has information from these platforms (or others) on whether they are impacted, please let us know using the contact page.

  • ANote Music
    • Note: Since this is a company based in Europe, it seems very unlikely they have exposure
  • Ark7
  • ArtSplit
  • AcreTrader
  • Cadre
  • Crowdstreet
  • Doorvest
  • Energea
  • Farmfolio
  • Fractional
  • Fund That Flip
  • Harvest Returns
  • Here
  • Landa
  • LexShares
  • Lofty
  • Mainvest
  • Masterworks
  • RealtyMogul
  • Roofstock
  • Royal
  • Royalty Exchange
  • SongVest
  • Steward
  • Vint
  • Vinovest
  • Wefunder
  • Yieldstreet
Show more +

As you can see, we have not heard from many platforms thus far. I’ll try to update this if and as we learn more.

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Josh Heier
Studied and working in the computer networking field. Interested in technology, finance, investing, and learning new things. Smalltime Angel Investor.