# Setpoint Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/setpoint-technologies

- Industry: Software
- Headquarters: Austin, US
- Website: www.setpoint.io
- Total disclosed funding: $48M
- Latest round: Series B (Feb 29, 2024)
- Investors on record: 15

## About

Based in New York, US, and founded in 2021, Setpoint Technologies Inc. provides a financial technology platform for lenders and borrowers. In August 2024, Setpoint Technologies Inc. raised USD 31 million in series B funding led by returning investor 645 Ventures, with participation from new investors Citi, Wells Fargo, Floating Point, Outrunner Capital, and Eltura Capital Management. Other returning investors Andreessen Horowitz, NextView Ventures, 75 & Sunny, Vesta Ventures, and Fifth Wall Ventures also participated in the round.

 Additionally, it provides services including facility management, cash offer approval, valuation management, and a funding tracker. Furthermore, the firm technology can be used in the following cases such as power buying, iBuyer, home equity, rent-to-own, single-family rental, fractional ownership, and many more. The company plans to use the August 2024 funding to expand its research and development sector, with a focus on expanding its engineering and data science teams.

## Funding rounds

- Series B, Feb 29, 2024, $15M — Andreessen Horowitz, Wells Fargo, NextView Ventures, Citi Ventures, 645 Ventures, Fifth Wall Ventures, Floating Point, 75 & Sunny, Vesta Ventures, Eltura Capital Management, Outrunner Capital
- Series A, Nov 23, 2022, $32M — Andreessen Horowitz, NextView Ventures, Capital Factory, Wild Basin Investments, LiveOak Venture, ATX Venture Partners, 645 Ventures, Fifth Wall Ventures, 75 & Sunny, Vesta Ventures

## Investors

- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series A, Series B
- NextView Ventures (https://capitalatlas.ai/funds/nextview-ventures) — Series A, Series B
- Capital Factory (https://capitalatlas.ai/funds/capital-factory) — Series A
- Wild Basin Investments (https://capitalatlas.ai/funds/wild-basin-investments) — Series A
- LiveOak Venture (https://capitalatlas.ai/funds/liveoak-venture) — Series A
- ATX Venture Partners (https://capitalatlas.ai/funds/atx-venture-partners) — Series A
- 645 Ventures (https://capitalatlas.ai/funds/645-ventures) — Series A, Series B
- Fifth Wall Ventures (https://capitalatlas.ai/funds/fifth-wall-ventures) — Series A, Series B
- 75 & Sunny (https://capitalatlas.ai/funds/75-sunny) — Series A, Series B
- Vesta Ventures (https://capitalatlas.ai/funds/vesta-ventures) — Series A, Series B
- Wells Fargo — Series B
- Citi Ventures (https://capitalatlas.ai/funds/citi-ventures) — Series B
- Floating Point (https://capitalatlas.ai/funds/floating-point) — Series B
- Eltura Capital Management (https://capitalatlas.ai/funds/eltura-capital-management) — Series B
- Outrunner Capital (https://capitalatlas.ai/funds/outrunner-capital) — Series B