Divvy Homes: Raises $110M in Series C Funding

  • Divvy Homes, a San Francisco, CA-based homeownership company, raised $110m in Series C equity funding
  • The company will use the proceeds of this equity raise for further market expansion, with plans to serve more than 70M Americans in over 20 markets by the end of the year
  • Divvy supports future homeowners by purchasing a home on their behalf and renting it back to them while they build equity in the property
  • Divvy partners with customers along every step of the home buying process, with the goal of helping renters transition into homeownership
  • Buying a home with Divvy starts with a quick application that results in an approved home buying budget and an introduction to a real estate agent
  • Over the course of 2020, the company expanded operations to 16 total markets
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

NatWest Group Strengthens Free Investment Guidance Programme

New initiative aims to educate more customers on investing.Highlights: NatWest Group expands free investment guidance programme.Initiative targets educating...

Tether Launches New Stablecoin Wallet to Enhance User Experience

This innovative platform aims to improve accessibility for crypto users.Highlights: Tether has introduced a new stablecoin wallet.The wallet...

FCA Strengthens Money Laundering Combat with Synthetic Dataset

New collaboration aims to enhance detection capabilities against financial crime.Highlights: FCA partners with Turing Institute to combat money...

Spektr Strengthens Compliance Efforts with $20M Funding

Fintech startup Spektr secures $20 million for AI-driven compliance solutions.Highlights: Spektr raises $20 million to enhance its AI...