North Carolina Based FinTech Platform Comes out of “Stealth Mode” and Raises $750,000

Brian found it difficult enough to build a business, and the added stress of seeking investment was distracting from evolving his business into what he had always envisioned. 

The benefit Brian saw in Newchip was that it was “like a personal trainer. It helps me be more accountable if there is a system and structure. We found that very useful.” At that point, Brian was all-in on Newchip as an accelerator. 

“The reaction we got has just been amazing,” Brian said. “Our company philosophy is to Do Well by Doing Good. We believe it so much that we set aside a certain percentage of ownership as founders to one day have a charitable entity. We’re not going to wait until we’re successful; we’re doing that now.” 

Whether they know it or not, the SocialEquity team has already found success, as well as a road map toward becoming one of the most innovative tech platforms in America. 

Brian went on to say, “It’s been so much fun coming out of stealth mode because now we’re sharing our story. It’s just energizing!” We can’t wait to see what the future holds for SocialEquity!

About SocialEquity

SocialEquity is an experienced group of entrepreneurs that specialize in building tech platforms. SocialEquity in particular is a tech solution that supports the under-40 single demographic that is unable to buy a home under the traditional model of a mortgage brokerage. 

Over 30M+ good hard-working people are blocked out of the American Dream of Home Ownership today.  SocialEquity invites these individuals to sit down and, when they join, they pool their purchasing power and buy into new flexible Home Loans together—making the process more affordable. 

The process, according to company founder Brian Lora, is “purpose-led, and that’s our mission. It’s all about our members and owners and how they can transform their lives.” Essentially, the SocialEquity platform gives people access to primary homeownership and all of the economic benefits that come with that ownership over time.  We want our members to thrive!

Are You a Founder Looking for Funding?

Over the past few years, we have helped our cohort companies raise over $450,000,000.  Don’t wait until next year if you’re thinking about taking your company to the next level. Raising money takes more than a few days. It’s a  journey, let us help you! Start Your Journey Today! 💰🚀

Armando Vera Carvajal

Armando Vera Carvajal

Armando Vera Carvajal is the Vice President of Product for Newchip, the largest global online accelerator focused on helping startups raise capital from professional investors. As one of the original product founders and pioneers, Armando is passionate about building new products with high potential for global reach and impact. Prior to Newchip, he was as a Research Manager at the Gerson Lehrman Group where he covered hedge fund clients in New York City involved in long/short, distressed credit, special situations, activist, and global macro investment strategies. Armando studied international relations and corporate communications at the University of Texas at Austin, along with global exchanges at the Nanyang Technological University in Singapore and at l’Institut d'études politiques de Paris (Sciences Po). Born in Mexico City, Armando immigrated to the United States of America when he was four years old and grew up in McAllen, Texas. His interests include painting, mountaineering, writing, film, world travel, kayaking, photography, reading, black coffee, running, and inspiring people to become agents of positive global change.

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