US-based online real estate investment marketplace RealtyShares has appointed BitTorrent Media executive Simon Morris as its new Chief Product Officer.
In his new role, Morris will assume responsibility for overseeing technology and product development as the pioneering fintech company continues to grow its real estate crowdfunding platform.
Morris comes to RealtyShares with nearly two decades of leadership experience under his belt. Most recently, as BitTorrent Media General Manager Morris led several of the peer-to-peer file sharing platform's divisions .
During his tenure as BitTorrent, Morris also acted as the Vice President of Marketing and Products, Vice President of Data Science and Senior Vice President of Products, User Experience and Data.
Prior to that, he filled similar roles with Openwave Systems and Verisign. His extensive background in tech makes him especially well-suited to tackle the demands of his new position.
RealtyShares CEO Nav Athwal says the recruitment of Morris as crucial to the company’s strategy for tech and product development.
"RealtyShares has been fortunate to partner with amazing investors in Union Square Ventures, Menlo Ventures and General Catalyst Partners," Athwal says
"The next phase of the company will focus on three main strategic imperatives - strong underwriting and credit decisioning, diversification of capital across institutions and individuals, and achieving scale through technology and product.
"Simon, with his experience leading product, data and UX, will be key to us achieving this third objective.”
Over $150 million has been invested with RealtyShares since its inception, spread across more than 330 investments.
Earlier this year, the platform announced a $20 million Series B funding round, with the goal of broadening its scope in several key areas, including tech, product and marketing.
RealtyShares continues to face unprecedented demand for its services, precipitating the need to add to its executive lineup, according to Athwal.