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Divvy Homes Announces $735M Debt Financing Just Two Months After Raising $200 Million In Series D

PRIVATEOct 12, 2021

Amount Raised

$735 Million

Round Type

Series D

San FranciscoFinancial ServicesMedia And Entertainment

Description

Divvy Homes, a market leader in the proptech industry, today announced that it has entered into new debt facilities totaling $735M. Combined with $200M raised two months ago from the Series D, Divvy Homes is well-capitalized to pursue its mission of making homeownership accessible to everyone. This debt financing will allow Divvy Homes to provide more Americans with a path to homeownership through its innovative three-year program. The funds will be used to refinance two existing debt facilities and provide substantial incremental capacity to buy new homes, supporting Divvy's 10-year goal of helping more than 100,000 families become financially responsible homeowners.

Quick answer

Divvy Homes raised $735 Million in a Series D round, dated October 12, 2021. Divvy Homes is based in San Francisco, California, United States.

How much did Divvy Homes raise?
Divvy Homes raised $735 Million in a Series D round on October 12, 2021.
What does Divvy Homes do?
Divvy Homes is on a mission to make homeownership more accessible to American families.
Where is Divvy Homes based and how big is it?
Divvy Homes is based in San Francisco, California, United States.

Source: Fundz verified event record.

Who else raised in Financial Services and Media And Entertainment around the same time

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

  • SOS raised $3.4M (Seed) on November 15, 2021.
  • Liquid Media Group Ltd raised $1M (Seed) on November 8, 2021.
  • Crezco raised $3.9M (Seed) on October 4, 2021.
  • Locket raised $2.5M (Seed) on September 8, 2021.
  • Givex raised $300K (Seed) on November 26, 2021.
  • Gparency raised $15M on November 26, 2021.

Who to call at Divvy Homes, and when

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

  • An alert the day Divvy Homes raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Divvy Homes, from your own LinkedIn network

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Company Information

Company

Divvy Homes

Location

San Francisco, California, United States

About

Divvy Homes is on a mission to make homeownership more accessible to American families. The program is currently available across 16 major US metropolitan areas: Atlanta, GA; Cincinnati, OH; Cleveland, OH; Dallas, TX; Denver, CO; Ft Lauderdale, FL; Houston, TX; Jacksonville, FL; Memphis, TN; Minneapolis, MN; Miami, FL; Orlando, FL; Phoenix, AZ; San Antonio, TX; St. Louis, MO; and Tampa, FL. Divvy Homes is backed by Andreessen Horowitz, Caffeinated Capital, GGV Capital, GIC, JAWS Ventures, Lennar, Moore Specialty Credit, SciFi VC, and Tiger Global Management. Divvy Homes was incubated in Max Levchin's startup studio HVF and co-founded by Adena Hefets, Nick Clark, and Alex Klarfeld.

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Divvy Homes 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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