The company has issued more shares over this period, which dilutes each existing shareholder’s stake.
Diluted shares outstanding: 7.3M (2023) → 25.4M (2026)
Fundrise Growth Tech Fund, LLC is a venture capital fund specializing in directly investing. The fund seeks to invest in middle, late and growth stage of investments. The Fund focuses on Technology sector with focus advertising (AdTech); sales and marketing technology; media; biotechnology (BioTech); health care equipment and supplies; health care technology; pharmaceuticals; artificial intelligence; data and analytics; design tech; education technology (EdTech); financial services technology (FinTech); real estate technology (PropTech); gaming; internet services; manufacturing technology; entertainment; mapping; payments; privacy & security; science and engineering; energy and sustainability technology; energy equipment and services; technology hardware, storage and peripherals; software; electronic equipment, instruments and components; communications equipment; semiconductors and semiconductor equipment; agriculture; transportation; commercial services and supplies; chemicals; synthetic materials; aerospace and defense; and nanotechnology.
When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.
+738.3% YoY
YoY Growth Rate
Revenue accelerating
+285.6% YoY
YoY Growth Rate
Strong earnings growth
$0/ year
0.0% of revenue
Research and development spending
5+ years
$690M cash & investments at current burn rate
Fundrise Innovation Fund grew revenue 738% year-over-year and the growth rate is speeding up. That's the kind of momentum growth investors look for — the question is whether margins can follow.
The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.
Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.
ROIC above 25%. Every dollar invested in the business earns more than 25 cents back per year.
Full breakdown available with your free trial
See every metric, trend, and what it means for this stock.
Earnings growing 25%+ a year. The compounder zone.
Full breakdown available with your free trial
See every metric, trend, and what it means for this stock.
Free cash flow is negative. They are burning cash, not generating it.
Full breakdown available with your free trial
See every metric, trend, and what it means for this stock.
Interest coverage above 8. Profits cover interest many times over.
Full breakdown available with your free trial
See every metric, trend, and what it means for this stock.
P/E under 10. The price tag is small relative to last year's profit.
Full breakdown available with your free trial
See every metric, trend, and what it means for this stock.
Modest yield. The bulk of any return needs to come from price appreciation.
Full breakdown available with your free trial
See every metric, trend, and what it means for this stock.
