STORE Capital
STORE Capital Raises $10B in Public
STORE Capital Raises $10B in Public
STORE Capital has successfully raised $10B in a Public at a $12B valuation led by GIC & Oak Street.
Company Overview
STORE Capital is a Real Estate company headquartered in 8501 East Princess Drive, Scottsdale, AZ 85255, founded in 2011 with 200+ employees.
Net lease REIT
Fundraising Details
- Amount Raised: $10B
- Round Type: Public
- Valuation: $12B
- Date: 2024-01-01
- Investors: GIC & Oak Street
About STORE Capital
Net lease REIT The company is positioned in the Real Estate sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: 8501 East Princess Drive, Scottsdale, AZ 85255
- Founded: 2011
- Team Size: 200+
- Industry: Real Estate
What This Means
This funding round demonstrates strong investor confidence in STORE Capital's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The Real Estate sector continues to attract significant investment as companies innovate to meet evolving market demands. STORE Capital's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $12B valuation marks an important milestone for STORE Capital, positioning the company among notable players in the Real Estate industry.
Looking Ahead
With this new capital, STORE Capital is well-positioned to execute on its growth strategy and continue building innovative solutions in the Real Estate space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
This fundraising news was reported on 2024-01-01. For more information about STORE Capital, visit their headquarters at 8501 East Princess Drive, Scottsdale, AZ 85255.
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