# Stoa USA

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/stoa-usa

- Industry: Real Estate Development & Operating Companies
- Headquarters: Phoenix, US
- Website: www.flipos.com
- Total disclosed funding: $90M
- Latest round: Series B (May 16, 2022)
- Investors on record: 4

## About

Based in Arizona, US, and founded in 2018 by Jonathan Saragossi, Or Agassi, and Tom Sella, Stoa USA, Inc., d.b.a FlipOS, provides a tailor-made platform to institutional buyers and individual real estate investors who outsource their business's asset scouting and renovation functions. In November 2021, Stoa USA, Inc. raised USD 136 million in a Series B funding led by Cantor Ventures, with participation from Zeev Ventures. As of November 2021, Stoa USA, Inc. has raised a total of USD 200 million in funding, and Or Agassi is the CEO of the company.

Stoa USA, Inc. offers FlipOS, a proprietary platform that allows real estate investors to sell, buy and renovate homes. The company provides funding for the renovation and allows real estate investors and institutional investors to purchase the renovated properties from its outsourcing partner.

Stoa USA, Inc. plans to use its proceeds from a Series B funding to hire more employees, establish its product in the market, and expand to US locations. In addition, the company plans to double the housing pipeline and reduce the time-to-flip a home by 80%.

## Funding rounds

- Series B, May 16, 2022, $50M — Zeev Ventures
- Series B, Nov 18, 2021, $36M — Cantor Ventures, Zeev Ventures
- Series A, Jan 27, 2020, $4M — BRM Group, FinTech Acquisition Corp

## Investors

- BRM Group (https://capitalatlas.ai/funds/brm-group) — Series A
- FinTech Acquisition Corp — Series A
- Cantor Ventures (https://capitalatlas.ai/funds/cantor-ventures) — Series B
- Zeev Ventures (https://capitalatlas.ai/funds/zeev-ventures) — Series B