Mogul

About

Mogul provides an AI-powered platform for investing in individual residential properties. Alex Blackwood and Joey Gumataotao, who previously worked in Goldman Sachs' real estate group, founded the company in 2022. The release says it is headquartered in Washington, D.C., with offices in New York City.

Mogul announced a $15.5 million Series A on 2026-10-13, led by Draper Associates, with Draper Dragon, Avalanche Blizzard Fund, LAUNCH, Venture Togethers, Gaingels and Stephen Sullivan. The release says the round was 55 percent above a $10 million target, values the company at $126 million, and brings total funding to more than $23.6 million. The total is stated as more than $23.6 million, so it is not stored as a figure. The issue writes the same total as $23.6 million or more.

The release headline and Fintech Global also name Dr. Alex Jovanovich, a BlueChew co-founder, alongside Stephen Sullivan. The issue names Stephen Sullivan and does not name Dr. Jovanovich, so this page follows the issue. The release identifies Stephen Sullivan as co-founder and CEO of BlueChew and says he wrote the largest check. Other strategic angel investors are not named, so they have no pages.

An SEC Form D filed on 2026-10-22 by mogul Technologies Inc. reports $15,499,969 sold. The form says the offering is closed. The issuer address is Washington, District of Columbia. Related persons are Alexander Blackwood and Joseph Gumataotao, executive officers and directors, and Eitan Prince, an executive officer, all in Washington. The form gives 2022 as the year of incorporation, which matches the founded year on this page. The Series A announcement was $15.5 million. This page does not change that amount and does not add the Form D figure to it. The form does not name the purchasers. The signature name Kevin Vela is not a related person.

Funding history

Investors

• Draper Associates lead
• Draper Dragon participant
• Avalanche Blizzard Fund participant
• LAUNCH participant
• Venture Togethers participant
• Gaingels participant
• Stephen Sullivan participant

Sources

Last verified: 2026-10-26

1. https://www.prnewswire.com/news-releases/mogul-secures-oversubscribed-15-5m-series-a-led-by-draper-associates-to-scale-its-ai-driven-real-estate-investing-platform-302906633.html
   Type: company announcement. Accessed 2026-10-14.
   Mogul release via PR Newswire, Oct 13, 2026, 12:00 ET (16:00 UTC), datelined Washington. Announces a $15.5 million Series A led by Draper Associates, 55 percent above a $10 million target, valuing the company at $126 million, with total funding of more than $23.6 million. Investors named in the body: Draper Associates, Stephen Sullivan, Draper Dragon, Avalanche Blizzard Fund, Jason Calacanis' LAUNCH, Venture Togethers and Gaingels. The headline also names Dr. Alex Jovanovich. Says the company was founded in 2022 and is headquartered in Washington, D.C.
2. https://fintech.global/2026/10/14/mogul-raises-15-5m-series-a-led-by-draper-associates/
   Type: reputable publication. Accessed 2026-10-14.
   Fintech Global, October 14, 2026. Reports the same $15.5 million Series A, $126 million valuation, total funding of more than $23.6 million, the same investors, and Washington, D.C. headquarters. Says BlueChew co-founders Stephen Sullivan and Dr. Alex Jovanovich made the largest contribution.
3. https://www.sec.gov/Archives/edgar/data/2151460/000215146026000002/0002151460-26-000002-index.htm
   Type: sec filing. Accessed 2026-10-26.
   SEC Form D for mogul Technologies Inc. EDGAR filing date 2026-10-22. Total amount sold $15,499,969. The form says the offering is closed. Issuer address city is Washington, District of Columbia. Year of incorporation on the form: 2022. The Series A announcement was $15.5 million. The amounts are not combined. The signature name Kevin Vela is not a related person.