VCX

MKT CAP:$4B

Fundrise Growth Tech Fund, LLC

Market Cap

$4B

Financial Services·Asset Management·🇺🇸 United States·NYSE

Financials·Asset Management·🇺🇸·NYSE

Stock Price

$89.06+$12.90 (+16.93%)

Apr 23, 2026

Company Details

Fundrise Growth Tech Fund, LLC is a private equity/ venture capital fund specialized in directly investing.

CEO

—

IPO Date

Mar 19, 2026

Website

fundrise.com

Key Metrics TTM

Revenue

$3M

— YoY

Net Income

$21M

EPS (Diluted)

$1.40

Free Cash Flow

-$5M

Revenue / Share

$0.20

Gross Margin

66.2%

Operating Margin

843.8%

Net Margin

661.0%

FCF Margin

-153.3%

P/S

1187.6x

P/E

179.7x

Earnings Reports

FY 2024

Mar 30, 2025

$1M-28.4%EPS $1.23

Q4 2024

Mar 30, 2025

$410.0K-64.8%EPS $1.11

Q2 2024

Sep 29, 2024

$936.0K+30.5%EPS $0.12

FY 2023

Mar 30, 2024

$2M+88.3%EPS $0.15

Q4 2023

Mar 30, 2024

$1M+16.5%EPS -$0.00

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 22	$999.0K	$793.0K	$365.0K
Q2 23	$717.0K	$6.0K	$2M
Q4 23	$1M	$118.0K	$46.0K
Q2 24	$936.0K	$251.0K	$3M
Q4 24	$410.0K	$2M	$22M

Valuation

Quarter	P/S	P/E
Q4 22	—	—
Q2 23	—	—
Q4 23	—	—
Q2 24	800.4x	760.0x
Q4 24	946.5x	143.2x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 22	-$2.0K	-$2.0K
Q2 23	$596.0K	$596.0K
Q4 23	-$1M	-$1M
Q2 24	-$3M	-$3M
Q4 24	-$842.0K	-$842.0K

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 24	-59.0%	-3547.8%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 22	$0	—
Q2 23	$0	0.0%
Q4 23	$0	0.0%
Q2 24	$0	0.0%
Q4 24	$0	0.0%

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 22	$46M	$0	$46M
Q2 23	$21M	$0	$21M
Q4 23	$12M	$0	$12M
Q2 24	$5M	$0	$5M
Q4 24	$15M	$0	$15M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 22	7M	—	—
Q2 23	11M	+51.6%	—
Q4 23	13M	+13.5%	—
Q2 24	15M	+17.9%	—
Q4 24	16M	+7.8%	+118.8%

Shares Outstanding