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Esusu Becomes One Of The First Black-Owned Startups To Reach Unicorn Status; Raises Series B At $1 Billion Valuation With Vision To Bridge Racial Wealth Gap

PRIVATEJan 27, 2022

Round Type

Series B

New YorkFinanceFintech

Description

Esusu, the leading financial technology company for rent reporting and data solutions for credit building, today announced a new valuation of $1 billion after closing a $130 million round of funding. The funding round was led by SoftBank Vision Fund 2 with participation from Jones Feliciano Family Office, Lauder Zinterhofer Family Office, Motley Fool Ventures, Schusterman Foundation, SoftBank Group's SB Opportunity Fund, Related Companies, and Wilshire Lane Capital. This fundraise makes Esusu one of the few Black-owned startups to reach unicorn status both in the United States and globally.

Who else raised in Finance and Fintech around the same time

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

  • two raised $500M (Funding Round) on March 11, 2022.
  • Finary raised $13M on March 10, 2022.
  • DataRails raised $50M (Funding Round) on March 10, 2022.
  • 24 Exchange raised $7M (Funding Round) on March 7, 2022.
  • Savvy Wealth raised an undisclosed amount (Seed) on February 24, 2022.
  • Flutterwave raised an undisclosed amount (Series D) on February 16, 2022.

Who to call at Esusu, and when

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

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

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Company Information

Company

Esusu

Location

New York, New York, United States

About

Esusu is the leading financial technology platform that uses rental data to build credit, enhance financial stability, and expand access to opportunity. Trusted by the nation’s largest property owners, operators, and financial institutions, Esusu covers 5 million units, reaches 12 million people, and processes $100 billion in annual gross lease volume.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

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

145 of these a day, filtered to the companies you pick, 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.