![]() #Divvy crunchbase upgradeLast year’s funding certainly helped make the upgrade possible, and there is some speculation that Divvy may look to go public this year via a SPAC merger, which will allow the capital-intensive Divvy to raise more funds. The domain is an essential upgrade for the company, valued at $2 billion last year. The domain then transferred to Google’s registrar, in a move spotted by Jamie Zoch on Twitter.ĭ now redirects to. Logmein, Inc., a remote access software company, owned until early February. It has started the year well by acquiring its exact-match. It also works with a network of 25,000 real estate agents across 16 US cities.Īfter a successful 2021, the company hopes to continue its growth in 2022. According to Bloomberg, more than 750,000 people have applied to Divvy since it launched in 2017. Divvy raised $200 million in Series D funding last year, followed by a $735 million debt financing round, bringing its total funding amount to $1.2 billion raised since launching in 2017.ĭivvy’s war chest is mainly used to acquire homes outright, which are then rented back to its customers while helping them save the money needed to become mortgage-eligible. The likes of Knock and Orchard flourished in 2021, raising hundreds of millions of dollars between them.Īnother company that had a prosperous 2021 is Divvy, a real estate platform that facilitates rent-to-own home purchases. Home buying companies, in particular, have thrived, thanks to consumer interest driven by low-interest rates and the desire for more space. Short for property technology, proptech can be defined as the usage of technology and software to disrupt traditional practices of real estate markets. According to Crunchbase, venture-backed companies in the real estate and proptech space raised nearly $21 billion. Proptech had a healthy 2021, with vast amounts of funding flooding into the industry. ![]() Property tech company beats out other companies with the same name. ![]()
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