Divvy Homes Stock
Rent-to-Own Real Estate Platform
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About Divvy Homes Stock
Divvy Homes is a tech-enabled real estate platform that facilitates rent-to-own home purchases. Its platform selects any home on the market and buys it for the renter who in turn makes down payments and gets a jump start on owning a house, enabling customers to close the housing affordability gap. The company was founded in 2017 and is headquartered in San Francisco, California.
Investors
Andreessen Horowitz
Lyft, Robinhood, Databricks, Airbnb, Instacart, Stripe, Magic Leap, Anduril Industries, Rappi, CoinSwitch Kuber
Atalaya Capital
Caffeinated Capital
Airtable, Opendoor, Affirm, Brex, SingleStore, Boom Supersonic, Divvy Homes, Virta Health, Mercury, CloudTrucks
GE32 Capital
GIC
Flipkart, Alibaba, Ola, Rappi, Devoted Health, Affirm, Brex, SambaNova Systems, OakNorth, Square
HVF Labs
Moore Capital
Threshold
Zymergen, BetterUp, Talkdesk, Remitly, Divvy Homes, Prosper Marketplace, CircleCI, Viz, d.light design, Mythic
Tiger Global Management
Flipkart, Delhivery, Ather Energy, Databricks, Grab, Chime, Ola, Quikr, Palantir Technologies, CoinSwitch Kuber
Funding History
| January 2018 | $3.4M |
|---|---|
| October 2018 | $10.6M |
| June 2019 | $10.5M |
| June 2019 | $42.8M |
| November 2020 | $110M |
| August 2021 | $154M |
| August 2021 | $35.5M |
Management
Chief Executive Officer
Adena Hefets
Chief Financial Officer
Tom Egan
Chief Technology Officer
Nicholas Clark
Press
inman - Sep, 12 2023
Divvy Homes letting 95 employees go, including senior managersTechCrunch - Sep, 11 2023
Divvy Homes goes from $2B valuation to third round of layoffs in a yearbenzinga - Jul, 26 2023
Utopia: Redefining Homeownership – Discover, Rent, and Own A Dream Home effortlesslydigitaljournal - Jun, 15 2023
Utopia: Redefining Homeownership – Discover, Rent, and Own A Dream Home effortlesslyhousingwire - Feb, 19 2023
Divvy Homes reportedly makes another round of layoffsmedium - Dec, 26 2022
Which Rent to Own homeownership Program is better: Home Partners of America vs. Utopia Homesmedium - Dec, 26 2022
Utopia Homes — An innovative path to Homeownership for LGBTQ+medium - Dec, 26 2022
Rent to Own homeownership Program : Landis vs. Utopia Homesmedium - Dec, 26 2022
Which Rent to Own homeownership Program is better: Divvy or Utopia Homes!theinformation - Sep, 29 2022
Andreessen-Backed Divvy Homes Lays Off 12% of Staff as Rates Risenews - May, 10 2022
Property Buying Platforms Raised Billions In Recent Quarters. Lately, They’re A Tough Sellnews - Apr, 29 2022
As Rents Rise, So Does Funding To Rental-Focused Startupsbusinessinsider - Apr, 6 2022
The 28 hottest proptech startups, as chosen by leading venture capitalistsbuiltinsf - Jan, 27 2022
Now Hiring: 7 San Francisco Companies Gearing Up for Fallprnewswire - Jan, 15 2022
Divvy Homes Taps Blackstone's John Lee as COOnews - Dec, 21 2021
30 Startups We Think Could Go Public In 2022handelsblatt - Nov, 23 2021
Warum der Immobilienmakler von heute künftig nicht mehr gebraucht wirdnews - Aug, 31 2021
What’s In The Water At Zillow? An Inside Look At Its Track Record Of Alumni-Spawned Startupsnews - Mar, 2 2021
Real Estate Brokerage Compass Reveals $270M Loss Despite Rising Revenuenews - Feb, 25 2021
With Residential Real Estate Boom Comes Funding For Homebuying StartupsTechCrunch - Feb, 2 2021
Divvy Homes secures $110M Series C to help renters become homeownersforbes - Feb, 2 2021
Rent-To-Own Startup Divvy Homes Raises $110 Million In New Fundingnews - Feb, 2 2021
Rent-To-Own Startup Divvy Homes Raises $110Mprweb - Feb, 18 2020
Divvy Homes Opens Access to Homeownership in Phoenix, AZ and San Antonio, TX; Now Serves Eight Major American Metrosdeseret - Feb, 4 2020
Fast-growing Divvy adds flex funding to growing business platformnewsroom - Jan, 28 2020
From Cool to Classic: Designing the Divvy Brandchicagotribune - Dec, 4 2019
Divvy was supposed to roll out electric bikes and more stations this fall. Here’s why that didn’t happen.chicagotribune - Nov, 20 2019
Evanston extends Divvy bike share program to 2023chicagotribune - Oct, 26 2019
Lyft to add more than 220 jobs in Chicago, create new drivers’ center along Kennedy Expresswaypulse2 - Oct, 2 2019
Divvy Raises $43 Million In Fundingdealstreetasia - Sep, 27 2019
GIC joins US homeowner savings platform Divvy’s $43m Series B roundcrainscleveland - Sep, 26 2019
In Cleveland and two other markets, Divvy Homes is remaking rent-to-ownatlantaprogressivenews - Apr, 2 2018
Renters Beware: Divvy Homes Lawyers Up over Repair Requestshypepotamus - Apr, 2 2018
Real Estate Platform Divvy Homes Lets Atlantans Find the Middle Ground Between Renting and OwningEquityZen does not have an affiliation with, formal relationship with, or endorsement from any companies featured above. This profile is based on publicly available information and is intended to be informative in nature.
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