Foxstone

Foxstone, founded in 2016 by Dan Amar, operates as a real estate crowdfunding platform in the Swiss market, aiming to make property investment more accessible. Born and raised in Geneva, Amar gained experience in real estate-focused family offices and a private equity fund before launching Foxstone. His background, which includes deploying capital for European family offices in various asset classes, directly informs the company's strategy of applying an institutional investment approach to a broader audience.

The company's core business revolves around a digital platform that allows private and institutional investors to participate in the Swiss real estate market with a significantly lower capital entry point, starting from CHF 10,000 to CHF 25,000 depending on the project. Foxstone's business model is twofold, serving both individual investors seeking to diversify their portfolios and real estate professionals in need of financing. Revenue is generated through fees associated with the sourcing, transaction management, and ongoing asset management services for the properties on its platform.

Foxstone offers two primary investment products. The first is a co-ownership model, where investors purchase shares of an income-generating property and receive a proportional share of the rental income and any potential appreciation. The second is a crowdlending model, structured as a mezzanine debt or equity loan, where investors collectively lend money to real estate developers for specific projects, earning periodic interest payments. The platform provides a turnkey service, managing the entire process from property selection and due diligence to the digital handling of notarial certifications and ongoing management reports. Since its inception, the platform has facilitated over CHF 150 million in transaction volume and has attracted a community of over 15,000 registered investors.

A significant milestone was the completion of a CHF 10 million Series A funding round in June 2022. This round saw participation from existing shareholder Vaudoise Assurances, which increased its stake, and new investors like Naef Holding and Rosablanche Ventures, demonstrating confidence from established players in the Swiss real estate and investment sectors. The firm has outlined future plans to include the tokenization of real estate assets, aiming to create a more liquid secondary market where property shares could be traded with greater ease.

Keywords: real estate crowdfunding, property investment, fintech, Swiss real estate, crowdlending, asset management, property technology, investment platform, co-ownership, mezzanine debt