Fundz

Backflip Announces $35 Million In Funding To Support Entrepreneurs Reinvigorating The Housing Supply

PRIVATEMay 06, 2022

Amount Raised

$35 Million

Round Type

Funding Round

DenverFinancial ServicesReal Estate

Description

Backflip, a real estate and fintech startup improving how entrepreneurs invest in residential properties, announces an $8 million equity seed round co-led by Vertical Venture Partners (VVP) and LiveOak Venture Partners (LiveOak) with participation from Revel Partners, Great Oaks VC, and Greg Waldorf, former founding investor and Board Member at Trulia and Zillow. The funds will be used to expand Backflip’s product development team and accelerate its 2022 public launch in Texas and Colorado. Additionally, the company secured $27 million of dedicated debt funding.

Quick answer

Backflip raised $35 Million in a Funding Round round, dated May 6, 2022. Backflip is based in Denver, Colorado, United States.

How much did Backflip raise?
Backflip raised $35 Million in a Funding Round round on May 6, 2022.
What does Backflip do?
Backflip is a real estate financial technology company that supports individual entrepreneurs reinvigorating the housing supply by acquiring and renovating single family homes.
Where is Backflip based and how big is it?
Backflip is based in Denver, Colorado, United States.
Who are the decision-makers at Backflip?
Fundz holds 1 contact at Backflip. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Real Estate around the same time

Companies in the same sectors as Backflip that raised within 45 days of this round, from Fundz verified event records.

  • Walker & Dunlop raised $162M (Funding Round) on June 15, 2022.
  • Walker & Dunlop raised an undisclosed amount (Funding Round) on June 8, 2022.
  • Greystone raised $10M (Funding Round) on June 6, 2022.
  • Tongo raised $10M on May 31, 2022.
  • Jetty raised an undisclosed amount on May 25, 2022.
  • Waterton raised an undisclosed amount on May 20, 2022.

Who to call at Backflip, and when

A new round usually means Backflip is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Backflip

Location

Denver, Colorado, United States

About

Backflip is a real estate financial technology company that supports individual entrepreneurs reinvigorating the housing supply by acquiring and renovating single family homes. The company offers purpose-built technology and capital products used by its members to source, analyze and finance residential real estate investments. Backflip’s platform democratizes technology, data, and financing strategies that were previously only available to institutional investors and large corporations. Please visit www.dobackflip.com or download the Backflip Real Estate app at the iOS app store to learn more.

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Backflip raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.