Divvy Homes Overview
- Year Founded
-
2017
- Status
-
Acquired/Merged
- Employees
-
138
- Latest Deal Type
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M&A
- Latest Deal Amount
-
$1B
- Investors
-
1
Divvy Homes General Information
Description
Operator of a real estate company intended to make homeownership accessible to everyone. The company initiates to selects any home on the market and buys it for the renter who in turn rents the home, builds monthly savings, and buys the home whenever they are ready or walks away and cash out their savings, enabling customers to close the housing affordability gap by providing trusted, transparent and simple homeownership products for families.
Contact Information
Website
www.divvyhomes.com(Operating Subsidiary)
Corporate Office
- 300 Montgomery Street
- Suite 350
- San Francisco, CA 94104
- United States
Corporate Office
- 300 Montgomery Street
- Suite 350
- San Francisco, CA 94104
- United States
Divvy Homes Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 11. Merger/Acquisition | 10-Jan-2025 | $1B | Completed | Generating Revenue | ||
| 10. Debt Refinancing | 12-Oct-2021 | Completed | Generating Revenue | |||
| 9. Later Stage VC (Series D) | 13-Aug-2021 | Completed | Generating Revenue | |||
| 8. Later Stage VC (Series C) | 09-Nov-2020 | Completed | Generating Revenue | |||
| 7. Mezzanine | 27-Oct-2020 | Completed | Startup | |||
| 6. Debt - PPP | 14-Apr-2020 | Completed | Startup | |||
| 5. Early Stage VC (Series B) | 07-Jun-2019 | Completed | Startup | |||
| 4. Early Stage VC (Series A) | 09-Oct-2018 | Completed | Startup | |||
| 3. Debt - General | 26-Jul-2018 | $100M | $107M | Completed | Startup | |
| 2. Seed Round | 25-Jan-2018 | $7M | $7M | Completed | Startup |
Divvy Homes Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series D-NV | ||||||||
| Series D | ||||||||
| Series C | ||||||||
| Series B-1 | ||||||||
| Series B | ||||||||
| Series A | ||||||||
| Seed | 4,142,676 | $0.000100 | 6% | $0.82 | $0.82 | 1x | $0.82 | 4.56% |
| Series FF | 3,910,000 | $0.000100 | $0 | $0 | 1x | $0 | 4.3% |
Divvy Homes Comparisons
Industry
Financing
Details
Divvy Homes Competitors (8)
One of Divvy Homes’s 8 competitors is HomeLight, a Venture Capital-Backed company based in Scottsdale, AZ.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| HomeLight | Venture Capital-Backed | Scottsdale, AZ | ||||
| Trulia | Formerly VC-backed | San Francisco, CA | ||||
| Keller Williams Realty | Private Equity-Backed | Austin, TX | ||||
| HomeVestors of America | Private Equity-Backed | Dallas, TX | ||||
| Realty ONE Group International | Corporate Backed or Acquired | Laguna Niguel, CA |
Divvy Homes Signals
Divvy Homes Former Investors (21)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Andreessen Horowitz | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Caffeinated Capital | Venture Capital | Minority | ||
| Emerson Collective | Impact Investing | Minority | ||
| GE32 Capital | Venture Capital | Minority |
Divvy Homes FAQs
-
When was Divvy Homes founded?
Divvy Homes was founded in 2017.
-
Where is Divvy Homes headquartered?
Divvy Homes is headquartered in San Francisco, CA.
-
What is the size of Divvy Homes?
Divvy Homes has 138 total employees.
-
What industry is Divvy Homes in?
Divvy Homes’s primary industry is Real Estate Services (B2C).
-
Is Divvy Homes a private or public company?
Divvy Homes is a Private company.
-
What is the current valuation of Divvy Homes?
The current valuation of Divvy Homes is .
-
What is Divvy Homes’s current revenue?
The current revenue for Divvy Homes is .
-
How much funding has Divvy Homes raised over time?
Divvy Homes has raised $505M.
-
Who are Divvy Homes’s investors?
Andreessen Horowitz, , Caffeinated Capital, Emerson Collective, and GE32 Capital are 5 of 21 investors who have invested in Divvy Homes.
-
Who are Divvy Homes’s competitors?
HomeLight, Trulia, Keller Williams Realty, HomeVestors of America, and Realty ONE Group International are some of the 8 competitors of Divvy Homes.
-
When was Divvy Homes acquired?
Divvy Homes was acquired on 10-Jan-2025.
-
Who acquired Divvy Homes?
Divvy Homes was acquired by Maymont Homes.
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