Worthy offers $10 bonds that provide a fixed 7% annual percentage yield (APY) with daily compounding, allowing investors to grow their savings without minimum balances or penalties. The funds raised through these bonds support residential real estate development, addressing the critical shortage of affordable housing in U.S. communities.
Funding
$51.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
VCFounders
Product
Problem
Many Americans lack access to investment opportunities that offer consistent returns and support community development, particularly those with limited capital or those seeking alternatives to traditional, volatile stock market investments. The process of investing in real estate development projects is often complex, inaccessible, and requires significant upfront investment.
Solution
Worthy offers a platform that allows individuals to invest in $10 bonds with a fixed 7% annual percentage yield (APY), compounded daily, to fund residential real estate development. The platform removes barriers to entry by eliminating minimum balances, fees, and penalties, making it accessible to a broad range of investors. Funds raised through bond sales are used to support infrastructure development for starter homes in U.S. communities, addressing the housing shortage while providing investors with a stable return. Investors can manage their portfolios and reinvest earnings through Worthy's website or mobile app, with options for round-up and recurring purchases.
Target Audience
The primary target audience includes individuals seeking accessible, low-risk investment opportunities with a fixed return, particularly those interested in supporting community development through real estate.
Features
- Bonds available for purchase at $10 each
- Fixed 7.0% APY, valid until 01/01/26, with daily compounding
- No minimum balances, maturity dates, fees, or penalties
- Funds are accessible anytime
- Options for round-up and recurring investments
- Mobile app for portfolio management and investment tracking
- Supports residential real estate development in U.S. communities