| Company type | Private |
|---|---|
| Industry | |
| Founded | 2015 |
| Founders |
|
| Headquarters | , |
Key people | Mitchell Caplan (Interim CEO) Ted Yarbrough (CIO) Mitch Rosen (Head of Real Estate) |
Yieldstreet Inc. (stylized as Yieldstreet) is an American financial services company based in New York City. [1] The company operates an online platform offering investments in private market asset classes including art, real estate, legal finance, and other alternative investments. [1] [2]
Yieldstreet was founded in 2015 by Milind Mehere, a co-founder of Yodle, and Michael Weisz, who had held leadership roles in specialty finance firms. [3] [4]
In April 2019, Yieldstreet acquired Athena Art Finance from The Carlyle Group for $170 million. [5] Later that year, it acquired WealthFlex to integrate self-directed IRA capabilities. [3]
The Yieldstreet Alternative Income Fund (formerly the Yieldstreet Prism Fund) launched in March 2020 as a multi-asset closed-end fund with quarterly distributions. [2] [6]
In November 2021, the company introduced the Art Equity Platform, enabling fractional investment in post-war and contemporary art. [7]
In April 2022, Yieldstreet began offering startup investments through a partnership with Greycroft. [8]
In August 2022, Yieldstreet secured a $400 million credit facility from Monroe Capital. [9]
In November 2023, Yieldstreet announced the acquisition of Cadre, an online real estate investment platform. Ryan Williams remained CEO of Cadre after the transaction. [10]
In May 2025, the company appointed Mitchell Caplan as interim CEO, succeeding co-founder Michael Weisz. [11]
In July 2025, Yieldstreet closed a $77 million funding round led by Tarsadia Investments, with participation from RedBird Capital Partners, Mayfair Equity Partners, Edison Partners, Cordoba Advisory Partners, and Kingfisher Investment Advisors. Mike Zabik (RedBird) and Yariv Robinson (Kingfisher) joined the company's board as part of the transaction. [12]
In August 2025, the company launched Yieldstreet 360, an automated managed portfolio solution offering diversified exposure to private markets, including real estate, private credit, and private equity, with quarterly liquidity and annual rebalancing. [13]
Yieldstreet’s platform offers individual investment opportunities and pooled funds in multiple asset classes. The launch of Yieldstreet 360 in 2025 marked its entry into automated, evergreen portfolio solutions. The company has also collaborated with Wilshire Advisors to design model portfolios aimed at diversified private market access. [14]
In 2020, The Wall Street Journal reported that 14.7% of investor funds on the platform were tied to loans in default as of March that year. [6]
Also in 2020, Bloomberg reported that an $89 million marine investment portfolio default led Yieldstreet to obtain an injunction in the UK High Court freezing $76.7 million in assets. [15]
In September 2023, Yieldstreet agreed to pay $1.9 million to settle SEC charges that it failed to disclose certain risks associated with vessel deconstruction investments. [16]
In November 2024, The Wall Street Journal reported that a federal judge granted preliminary approval to a $9.95 million settlement with investors in three private funds offered through Yieldstreet. [17]
