Fundz

Snap

Ponte Vedra Beach, Florida, United States · Advertising, Financial Services, Messaging · 8 employees

Snap.Build is a best-in-class fintech company for the residential housing construction industry, specializing in non-recourse loans to small and medium-sized home builders for both speculative and pre-sold homes. The company utilizes proprietary technology allowing 24/7 access to all construction project activity and funding disbursement details, bridging the gap between the lender and the builder

Funding history

  • Funding Round — $550.0M — Aug 2025

Recent signals

  • Jun 06, 2026: Acquired Snap to acquire Illumix for AR expansion
  • May 07, 2026: Snap and Perplexity End Partnership to Integrate AI into Snapchat
  • Apr 05, 2026: Snap Inc Appoints Tim Stone as Chief Financial Officer
  • Feb 04, 2026: SEC 8-K (2.02): On February 4, 2026, Snap Inc. reported its financial results for the three months and full year ending December 31, 2025. This filing includes a press release and investor letter as Exhibits 99.1 and 99.2. The financial results highlighted key performance metrics for the company, reflecting its operational status and financial condition. Notably, investors will gain insights into revenue growth, user engagement metrics, and other critical financial ratios that could influence market perceptions and stock performance.
  • Dec 13, 2025: Snap and Perplexity Enter $400 Million Partnership to Enhance Snapchat Experience.
  • Dec 04, 2025: SEC 8-K (5.02): On December 4, 2025, Snap Inc.'s board of directors approved the expansion of the board from eleven to twelve members and appointed Matthew McRae to the newly created position. Mr. McRae, age 51, will serve until the next annual meeting of stockholders or until his earlier resignation, removal, or death. He has been the Chief Executive Officer and a board member of Arlo Technologies, Inc. since August 2018. This appointment potentially brings new strategic insights to Snap as it continues to navigate challenges in the tech landscape.
  • Aug 07, 2025: Raised $550.0M
  • Jul 09, 2025: Snap Inc. Partners With RWS Global to Enhance Fan Engagement at Sporting Events

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