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Booming investments in real estate are leading the way among equity-crowdfunded projects, which rose to $662 million in the first quarter of 2015, a big jump from the $483 million recorded in the final quarter of 2014.

“Equity crowdfunding is going to double every year as more and more investors get to know about it,” said Eric Smith, director of data analytics at Crowdnetic, an online platform that tracks equity investments in real-time and just published the equity-crowdfunding data in its new quarterly report.

The financial sector has been the most successful in terms of recorded capital investments, with $172.8 million raised. The technology and services sectors are close behind.

Equity crowdfunding was made possible by Title II of the Jumpstarting Our Business Startups (JOBS) Act of 2012. The Title II regulations, enacted in September 2013, stipulate that investors must be accredited, meaning they made $200,000 or more in the last two years or have a net worth of $1 million excluding their primary residence.