# Unison

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/unison-2

- Industry: Real Estate Development & Operating Companies
- Headquarters: San Francisco, US
- Website: www.unison.com
- Total disclosed funding: $40M
- Latest round: Series B (May 21, 2018)
- Investors on record: 3

## About

Unison, based in the US, specializes in providing innovative financial solutions through its Equity Sharing Agreements, allowing homeowners to access their home equity without incurring additional debt. Founded in 2004 in San Francisco, US, Unison focuses on real estate equity exchange. The company has completed a total of 6 deals, with the most recent deal occurring on September 17, 2024, during the Series B funding round, raising USD 40.00 mn led by F-Prime Capital, along with participation from Citi Ventures and Royal Bank of Canada. Sergey Sigitov is the founder of the company, which is currently led by CEO Thomas Sponholtz. Unison Equity Sharing offers innovative financial solutions centered around home equity through their core product, the Equity Sharing Agreement. This service allows homeowners to access their home equity without taking on additional debt, addressing liquidity challenges for individuals wishing to utilize their home equity for personal or investment purposes. The Equity Sharing Agreement enables Unison to partner with homeowners, providing them with a cash payment in exchange for a share of the future appreciation of their property. This model primarily targets homeowners in the US, especially in high-value markets like California, Texas, and New York. Unison's revenue is generated primarily from its Equity Sharing Agreements, wherein the company invests in a homeowner's property and benefits from appreciation during a specified holding period. This transaction structure is characterized as a direct-to-consumer model, where homeowners enter contracts that outline equity contributions and profit-sharing terms upon sale or refinancing of their property. Revenue is realized upon the exit of these agreements, typically through property sales or at the end of the agreement term, allowing Unison to capture a portion of the home’s increased value. The firm emphasizes personalized service to enhance customer engagement, facilitating repeat transactions and loyalty, though specific pricing plans associated with these agreements have not been disclosed.In September 2024, Unison raised USD 40.00 mn in a Series B funding round, which will be utilized to launch its new equity sharing home loan product. The company is focused on expanding its offerings into additional markets and regions, although specific target areas have not been disclosed. This funding aims to support the development and marketing of innovative products that enhance their service portfolio in the real estate equity sector.

## Funding rounds

- Series B, May 21, 2018, $40M — F-Prime Capital, Royal Bank of Canada, Citi Ventures

## Investors

- F-Prime Capital (https://capitalatlas.ai/funds/f-prime-capital) — Series B
- Royal Bank of Canada — Series B
- Citi Ventures (https://capitalatlas.ai/funds/citi-ventures) — Series B