# Stairs Financial

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/stairs-financial

- Industry: Financial Services
- Headquarters: New York, US
- Website: www.stairsfinancial.com
- Total disclosed funding: $3.5M
- Latest round: Seed (Dec 14, 2023)
- Investors on record: 4

## About

Based in New York, US, and founded in 2020 by its CEO Malcolm-Wiley Floyd, and CTO Scott Fritz, Future Home Investment Accounts Inc., trading under the name Stairs Financial, operates as a real estate platform that specializes in providing down payment assistance for first-time and aspiring homebuyers. In December 2023, Stairs Financial raised USD 3.5 million in seed funding led by new investor Zigg Capital, with participation from another new investor Exceptional Capital. Returning investors Y Combinator, Antler, and other unspecified investors also participated in the round. 

The company provides homes within a limited budget and gives access to government grants, loans, and tax breaks to customers. It also provides a down payment builder robo advisor to manage inflation and reduce market risk due to mortgage rates.

Stairs Financial plans to use the December 2023 funding to scale its home buyer programs and mortgage products.

## Funding rounds

- Seed, Dec 14, 2023, $3.5M — Y Combinator, Antler, Zigg, Exceptional Capital

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Antler (https://capitalatlas.ai/funds/antler) — Seed
- Zigg (https://capitalatlas.ai/funds/zigg) — Seed
- Exceptional Capital (https://capitalatlas.ai/funds/exceptional-capital) — Seed