Palo Alto startup raises $115M!

Palo Alto startup Point raises $115M to help homewners cash in on their equity

bizjournals bizjournals | 1 year ago

A Palo Alto startup that helps homeowners sell some of their equity scored $115 million in new funding on Tuesday to help it expand nationally. Point Digital Finance Inc. said in its funding announcement that the amount of cash it has distributed to homeowners grew by more than 400% in the first quarter of this year, compared to the same period last year. "We expect this additional capital to accelerate our growth as we help cash-constrained homeowners and home buyers build financial stability...

Startup that helps renters buy their first home raises $2.6M

bizjournals bizjournals | 1 year ago

A St. Charles-based startup that has developed a mobile app it says is designed to help renters become homeowners has launched its technology after raising $2.6 million in seed funding. The startup — called Gravy — said Tuesday it has raised its seed financing from a group of technology and real estate investors. It did not disclose the names of its investors. Founded in 2021, Gravy has created a mobile app with features to help prepare renters to purchase their first homes. Through the ...

Point raises $115 million in Series C funding

housingwire housingwire | 1 year ago

Point, an intermediary connecting homeowners with home equity investors, announced Tuesday a major new funding round. The post Point raises $115 million in Series C funding appeared first on HousingWire.

Home inspection startup PunchListUSA raises $39 million in Series A

housingwire housingwire | 1 year ago

PunchListUSA, which calls itself the first platform digitizing national home inspection data, closed on a $39 million Series A funding round. The post Home inspection startup PunchListUSA raises $39 million in Series A appeared first on HousingWire.

Scottsdale firm HomeLight acquires Denver fintech lender, raises another $115M

bizjournals bizjournals | 1 year ago

Scottsdale-based real estate proptech company HomeLight has entered into an agreement to acquire Accept.inc, a Denver-based fintech lender that gives homebuyers a way to submit all-cash offers on a home. With this all-stock transaction, HomeLight will become the largest agent-focused cash offer program in the country, with $3 billion in referred transaction volume during the first quarter of 2022 alone, said Drew Uher, founder and CEO of HomeLight. The deal is expected to close by the end of t...

Construction tech startup Modulous raises $11.5 million

housingwire housingwire | 1 year ago

Construction tech firm Modulous raises $11.5 million in its Series A funding round as it looks to further digitize the construction process. The post Construction tech startup Modulous raises $11.5 million appeared first on HousingWire.

Philadelphia home renovation loan startup raises $14M Series A round

bizjournals bizjournals | 2 years ago

RenoFi feels that the increasingly tight housing market could push more people to purchase fixer-upper homes and in turn result in continued growth for the startup.

Palo Alto investment firm pays nearly $51M for older Santa Clara apartment complex

bizjournals bizjournals | 1 year ago

A Palo Alto real estate firm that focuses on apartments bought the 52-year-old multifamily complex for $50.7 million.

Phoenix-based property tech startup raises another $50M in fresh funding

bizjournals bizjournals | 1 year ago

Just a few months after completing a $136 million funding round, a Phoenix company that makes an ibuyer platform for flipping homes has raised $50 million more. Here's what it plans to do with the money, including more hiring.