# Fund That Flip

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fund-that-flip

- Industry: Financial Services
- Headquarters: New York, US
- Website: www.fundthatflip.com
- Total disclosed funding: $22M
- Latest round: Series B (Nov 16, 2021)
- Investors on record: 9

## About

Fund That Flip, Inc., based in the US, provides innovative funding solutions tailored for residential real estate investments, facilitating growth opportunities for both experienced and new investors.Founded in 2014 in New York, Fund That Flip, Inc. specializes in originating loans for residential real estate investments. The company was founded by Dan Morena and Matt Rodak. In November 2021, it raised USD 20 mn in a Series B round led by GPO Fund, with participation from Edison Partners, MassMutual Ventures, Odysseus Investments, SoundBoard Venture Fund, and Tribeca Early Stage Partners, totaling USD 20 mn raised. The firm has successfully completed 7 deals, with the most recent deal dated November 16, 2021.Fund That Flip, Inc. operates an Upright Real Estate Investing Platform that focuses on providing funding solutions for residential real estate investments. The primary service includes originating loans that help clients pursue their investment goals, catering to both seasoned investors and newcomers. The platform supports growth and flexibility and offers investment products with potential returns of up to 13%. Key clientele includes house flippers and new home builders, utilizing Upright’s offerings to streamline their investment processes in urban and suburban markets where demand is high.The company's revenue model is based on the origination of real estate loans established as partnerships with clients. This model allows clients to access reliable funding while benefiting from the firm's efficient closing speed and dedicated support. Though specific pricing plans for loans are not detailed, the flagship service focuses on financing solutions tailored to meet the needs of real estate investors. Revenue is driven by the volume of originated loans and associated fees.Following the Series B funding round in November 2021, Fund That Flip, Inc. plans to utilize the USD 20 mn raised to accelerate national expansion, develop technological innovations for the real estate investment industry, and explore global opportunities. The company aims to launch new products designed to address the specific needs of an underserved market, targeting key expansion into various regions by 2023.

## Funding rounds

- Series B, Nov 16, 2021, $20M — Edison Partners, MassMutual Ventures, SoundBoard Venture Fund, Odysseus Investments, GPO Fund, Tribeca Early Stage Partners
- Series B, Jul 1, 2021 — Wealthing VC Club
- Seed, May 6, 2016, $2M — Fintech Ventures Fund
- Seed, Jun 8, 2015, $0M — Entrepreneurs Roundtable Accelerator

## Investors

- Entrepreneurs Roundtable Accelerator (https://capitalatlas.ai/funds/entrepreneurs-roundtable-accelerator) — Seed
- Fintech Ventures Fund (https://capitalatlas.ai/funds/fintech-ventures-fund) — Seed
- Wealthing VC Club (https://capitalatlas.ai/funds/wealthing-vc-club) — Series B
- Edison Partners (https://capitalatlas.ai/funds/edison-partners) — Series B
- MassMutual Ventures (https://capitalatlas.ai/funds/massmutual-ventures) — Series B
- SoundBoard Venture Fund (https://capitalatlas.ai/funds/soundboard-venture-fund) — Series B
- Odysseus Investments (https://capitalatlas.ai/funds/odysseus-investments) — Series B
- GPO Fund (https://capitalatlas.ai/funds/gpo-fund) — Series B
- Tribeca Early Stage Partners (https://capitalatlas.ai/funds/tribeca-early-stage-partners) — Series B