Backflip Announces $35 Million In Funding To Support Entrepreneurs Reinvigorating The Housing Supply
Amount Raised
$35 Million
Round Type
Funding Round
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.
- An alert the day Backflip raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Backflip, from your own LinkedIn network
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Related People
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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