Point Overview
- Year Founded
-
2014
- Status
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Private
- Employees
-
150
- Latest Deal Type
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Debt
- Latest Deal Amount
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$141M
- Investors
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27
Point General Information
Description
Developer of a home equity investment platform designed to access the wealth locked up in home equity. The company's platform conducts an on-site appraisal and uses third-party automated valuation models and proprietary pricing algorithms to determine the value of the property and the amount of loan that can be provided to diversify the wealth by selling some equity in the homes without taking any additional debt, enabling homeowners to access a new asset class and earn a higher return on their investment.
Contact Information
Website
www.point.comCorporate Office
- 444 High Street
- Floor 4
- Palo Alto, CA 94301
- United States
Corporate Office
- 444 High Street
- Floor 4
- Palo Alto, CA 94301
- United States
Point Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 8. Debt - General | 15-May-2025 | $141M | Completed | Generating Revenue | ||
| 7. Later Stage VC (Series C1) | 03-May-2022 | Completed | Generating Revenue | |||
| 6. Debt - General | 02-Feb-2021 | Completed | Generating Revenue | |||
| 5. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 4. Later Stage VC (Series B) | 20-Mar-2019 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series A) | 13-Sep-2016 | Completed | Generating Revenue | |||
| 2. Debt - General | $4M | $7M | Completed | Startup | ||
| 1. Early Stage VC | 20-Jan-2015 | $3M | $3M | Completed | Startup |
Point Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C-3 | ||||||||
| Series C-2 | ||||||||
| Series C-1 | ||||||||
| Series B | ||||||||
| Series A | 8,059,250 | $0.000100 | $0.07 | $1.13 | $1.13 | 1x | $1.13 | 12% |
| Seed | 4,666,348 | $0.000100 | $0.04 | $0.64 | $0.64 | 1x | $0.64 | 6.95% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Point Comparisons
Industry
Financing
Details
Point Competitors (33)
One of Point’s 33 competitors is Fraction, a Venture Capital-Backed company based in Vancouver, Canada.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Fraction | Venture Capital-Backed | Vancouver, Canada | ||||
| PeerStreet | Formerly VC-backed | El Segundo, CA | ||||
| StepLadder | Venture Capital-Backed | London, United Kingdom | ||||
| Upstart Holdings | Formerly VC-backed | San Mateo, CA | ||||
| Cerebro Capital | Venture Capital-Backed | Baltimore, MD |
Point Signals
Point Investors (27)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Alpaca VC | Venture Capital | Minority | ||
| Atalaya Capital Management | Lender/Debt Provider | Minority | ||
| Deer Park Road | Hedge Fund | Minority | ||
| Kingsbridge Investment Partners | Asset Manager | Minority | ||
| Redwood Trust | Real Estate | Minority |
Point FAQs
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When was Point founded?
Point was founded in 2014.
-
Where is Point headquartered?
Point is headquartered in Palo Alto, CA.
-
What is the size of Point?
Point has 150 total employees.
-
What industry is Point in?
Point’s primary industry is Other Financial Services.
-
Is Point a private or public company?
Point is a Private company.
-
What is Point’s current revenue?
The current revenue for Point is .
-
How much funding has Point raised over time?
Point has raised $428M.
-
Who are Point’s investors?
Alpaca VC, Atalaya Capital Management, Deer Park Road, Kingsbridge Investment Partners, and Redwood Trust are 5 of 27 investors who have invested in Point.
-
Who are Point’s competitors?
Fraction, PeerStreet, StepLadder, Upstart Holdings, and Cerebro Capital are some of the 33 competitors of Point.
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