Thursday, 21 March 2019

Startup that offers alternative to home equity lending raises $122M

A startup that buys equity in homes and then offers to sell it back to residents has raised $122 million. Point, a Palo Alto-based firm, said Wednesday it raised $22 million in a Series B funding round led by Prudential Financial and DAG Ventures, according to Inman. Previous investors Bloomberg Beta, Ribbit Capital and Andreessen Horowitz also joined the round. The firm received a further $100 million investment from Las Vegas-based Kingsbridge Wealth Management to […]



source https://therealdeal.com/2019/03/21/startup-that-offers-alternative-to-home-equity-lending-raises-122m/

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