Divvy Homes

Real Estate Development & Operating CompaniesSeries DSan Francisco, USdivvyhomes.com

Latest round

Series D

Last raised

Aug 2021

Total raised

$396M

Investors

11

About Divvy Homes

, doing business as Divvy and Divvy Homes operates as a provider of a rent-to-own platform allowing renters to build equity credits as they rent. The company was founded by Adena Hefets, Alex Klarfeld, Brian Ma, and Nicholas Clark. In August 2021, Divvy Homes, Inc. The company selects any home on the market and buys it for the renter who in turn contributes an initial 1-2% of the home value and allows them to own a house, enabling customers to close the housing affordability gap by providing homeownership products for families. Part of the rent that the company charges go toward building up the savings of the customers in the house so they can put a down payment (estimated at 10% value of the home) on to purchase from Divvy later. The company generates revenue from monthly rent payments and from the home’s appreciation over time. About 1/4 of every monthly payment goes toward the client's savings for a down payment. The company also plans to launch ancillary product offerings to take buyers throughout the home-buying journey.

Who invested in Divvy Homes

11 investors across 6 rounds

See all investors in Divvy Homes

Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Series D

    Aug 3, 2021

    Amount

    $190M

    Investors

    Locked

  2. Series C

    Nov 9, 2020

    Amount

    $110M

    Investors

    Locked

  3. Series B

    Jun 7, 2019

    Amount

    $52M

    Investors

    Locked

  4. Series A

    Oct 9, 2018

    Amount

    $30M

    Investors

    Locked

  5. Series A

    Jun 4, 2018

    Amount

    $11M

    Investors

    Locked

  6. Seed

    Jul 15, 2017

    Amount

    $3M

    Investors

    Locked

Questions about Divvy Homes

Who invested in Divvy Homes?

Divvy Homes has 11 investors on record across 6 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Divvy Homes raised?

Divvy Homes has raised 6 venture rounds. Sign up free to see how much each round raised and the total.

When did Divvy Homes last raise money?

Divvy Homes's most recent round on record is a Series D, in Aug 2021.

What does Divvy Homes do?

, doing business as Divvy and Divvy Homes operates as a provider of a rent-to-own platform allowing renters to build equity credits as they rent.

Where is Divvy Homes headquartered?

Divvy Homes is headquartered in San Francisco, US.

Which VCs invest in companies like Divvy Homes?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back real estate development & operating companies companies at Divvy Homes's stage. Their profiles are linked below.

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