Fundz

The Promise Homes Company Secures Additional Equity Investment From Leading Us Bank

PRIVATEDec 12, 2022

Round Type

Venture

AtlantaReal EstateHospitalityProperty Management

Description

The Promise Homes Company, the largest minority-led manager of institutional-quality, single-family residential rental homes in the United States, announced today that First Republic Bank, a leading private bank and wealth management company, has made a preferred equity investment in the company.

Quick answer

Promise Homes raised an undisclosed amount in a funding round, dated December 12, 2022. Promise Homes is based in Atlanta, Georgia, United States.

How much did Promise Homes raise?
Promise Homes raised an undisclosed amount in a funding round on December 12, 2022.
What does Promise Homes do?
Promise Homes is committed to providing its residents with Dignity in Housing.
Where is Promise Homes based and how big is it?
Promise Homes is based in Atlanta, Georgia, United States.
Who are the decision-makers at Promise Homes?
Fundz holds 1 contact at Promise Homes, including the Head of Operations . Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Real Estate and Hospitality around the same time

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

  • CasaPerks raised an undisclosed amount (Funding Round) on November 17, 2022.
  • Whitestone REIT raised an undisclosed amount on January 20, 2023.
  • Welcome Homes raised $29M (Series A) on January 12, 2023.
  • Get Sojo raised $6.2M on December 27, 2022.
  • Continuum™ raised $36M (Funding Round) on December 13, 2022.
  • Mezo raised $6M (Seed) on December 7, 2022.

Who to call at Promise Homes, and when

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

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

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Company Information

Company

Promise Homes

Location

Atlanta, Georgia, United States

About

Promise Homes is committed to providing its residents with Dignity in Housing. We promise our residents quality housing at affordable prices as well as financial empowerment and assistance that would position them financially to eventually own a home. We believe that by supporting our residents with a series of financial and economic support services, we improve their lives while building a stronger and more resilient company. By treating residents as partners, we also improve the communities that we serve. We will do well by doing good. We promise our communities that we will improve the lives of our residents through financial empowerment programs that provide credit and money management counseling. By engaging local small businesses to provide services for our residents, we will create a local, sustainable supply chain and reliable vendor service providers.

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Fundz sees it the moment Promise Homes raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contactsJake K., Head of Operations See plans and pricing
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Promise 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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