# Point Digital Finance

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/point-digital-finance

- Industry: Financial Services
- Headquarters: Palo Alto, US
- Website: www.point.com
- Total disclosed funding: $149M
- Latest round: Series C (Apr 22, 2022)
- Investors on record: 15

## About

Founded in 2015 by Alex Rampell, Eddie Lim, and Eoin Matthews, and based in Palo Alto, California, Point Digital Finance, Inc. operates as a fintech company that provides a home equity platform offering the Home Equity Investment (HEI) to homeowners and home buyers. In May 2022, Point Digital Finance, Inc. raised USD 115 million in Series C funding led by investor DP Dakota Ventures, WestCap, with participation from Alpaca VC, Deer Park Road Management Company, and The Palisades at Broadmoor Park Senior Living.The firm offers its flagship product, the Home Equity Investment (HEI) which offers a platform that gives funding upfront in exchange for a portion of the home's future appreciation without monthly payments, income criteria, or perfect credit. Point's solutions assist homeowners in reducing high-interest debt, investing in house maintenance, and promoting personal and professional growth.  Point's HEI enables homeowners to get a lump sum cash settlement while retaining management of their houses for up to 30 years.

## Funding rounds

- Series C, Apr 22, 2022, $116M — DAG Ventures, Redwood Trust, Andreessen Horowitz, Atalaya Capital Management, Ribbit Capital, Alpaca, Westcap Management, Palisades, Dakota Ventures Group, Deer Park Road
- Series B, Mar 20, 2019, $22M — DAG Ventures, Andreessen Horowitz, Ribbit Capital, Bloomberg Beta, Prudential Financial Pension Plan, Kingsbridge Investment Partners, Restive Ventures, Enterprise Community Partners
- Series A, Sep 13, 2016, $8.4M — Andreessen Horowitz, Ribbit Capital, Bloomberg Beta
- Seed, Apr 2, 2015, $3M — Andreessen Horowitz

## Investors

- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Seed, Series A, Series B, Series C
- Ribbit Capital (https://capitalatlas.ai/funds/ribbit-capital) — Series A, Series B, Series C
- Bloomberg Beta (https://capitalatlas.ai/funds/bloomberg-beta) — Series A, Series B
- DAG Ventures (https://capitalatlas.ai/funds/dag-ventures) — Series B, Series C
- Prudential Financial Pension Plan — Series B
- Kingsbridge Investment Partners (https://capitalatlas.ai/funds/kingsbridge-investment-partners) — Series B
- Restive Ventures (https://capitalatlas.ai/funds/restive-ventures) — Series B
- Enterprise Community Partners — Series B
- Redwood Trust — Series C
- Atalaya Capital Management — Series C
- Alpaca (https://capitalatlas.ai/funds/alpaca) — Series C
- Westcap Management (https://capitalatlas.ai/funds/westcap-management) — Series C
- Palisades — Series C
- Dakota Ventures Group (https://capitalatlas.ai/funds/dakota-ventures-group) — Series C
- Deer Park Road — Series C