How Much Did Orchard Raise? Headquarters, Funding & Key Investors

Orchard has raised a total of $257 million in funding across multiple rounds, achieving a $1 billion valuation as of September 2021. The company’s Series D round in September 2021 brought in $100 million, led by Accomplice, FirstMark, and Revolution, solidifying its unicorn status. Prior rounds include a $69 million Series C in 2020 and a $36 million Series B in 2020. With backing from top investors like Navitas Capital and Juxtapose, Orchard continues to expand its digital real estate platform that simplifies the home buying and selling process.

How Much Did Orchard Raise? Funding & Key Investors

Orchard is a Series D-stage online real estate company that streamlines the home buying and selling process through an integrated digital platform. The company offers a modern approach to residential property resale, combining data-driven valuations with instant offers to make the real estate experience faster, more straightforward, and more transparent.

What Is Orchard and What Does It Do?

Orchard, founded in 2017 by Phil DeGisi and Court Cunningham, is a New York City-based (United States) residential real estate technology company.

The company operates an online home resale platform that allows sellers to receive instant purchase offers and facilitates smooth transitions for buyers. Orchard buys homes directly from sellers and later resells them to new property owners.

Orchard employs between 201 and 500 people. Its platform integrates AI-driven valuation tools, digital listings, and seamless transaction support, empowering homeowners to move to their next property without the stress of traditional home-selling delays.

How Much Funding Has Orchard Raised?

*Series D*
- Amount Raised: $100M
- Date: September 2021
- Lead Investors: Accomplice, FirstMark, Revolution, First American, Juxtapose
- Motivation: To enhance platform capabilities, expand geographic reach, and support product innovation.\
*Series C*
- Amount Raised: $69M
- Date: September 2020
- Lead Investors: Revolution, FirstMark, Accomplice, Juxtapose, Navitas Capital
- Motivation: To accelerate business growth and expand the company’s customer base.\
*Series B*
- Amount Raised: $36M
- Date: January 2020
- Lead Investors: Navitas Capital, FirstMark, Juxtapose, Accomplice
- Motivation: To scale its team, enhance operations, and strengthen its market presence.

Total Funding Raised: $257 Million

Current Valuation: $1 Billion (as of September 2021)

Latest Funding Date: September 2021

Key Investors

*FirstMark Capital*
- Details: A New York-based venture capital firm investing in early-stage technology companies.
- Investment Focus Areas: Consumer technology, SaaS, and marketplaces.
- Notable Investments: Shopify, Airbnb, Pinterest.\
*Revolution*
- Details: A venture capital firm founded by Steve Case, focusing on growth-stage companies across the U.S.
- Investment Focus Areas: Real estate tech, fintech, and healthcare innovation.
- Notable Investments: DraftKings, Sweetgreen, Tempus.
*Accomplice*
- Details: A venture capital firm that backs bold entrepreneurs in the early and growth stages.
- Investment Focus Areas: Fintech, property tech, and enterprise SaaS.
- Notable Investments: AngelList, Zoopla, Hopper.\
*Navitas Capital*
- Details: A California-based venture firm specializing in real estate and construction tech.
- Investment Focus Areas: PropTech, energy efficiency, smart buildings.
- Notable Investments: Matterport, PlanGrid.\
*Juxtapose*
- Details: A creation-stage investment firm that partners with entrepreneurs to build category-defining businesses.
- Investment Focus Areas: Real estate, healthcare, consumer tech.
- Notable Investments: Care/of, Tend, Orchard.

Where Is Orchard’s Headquarters?

Orchard’s headquarters is located in New York City, United States, a hub for real estate technology and financial innovation. Being based in NYC provides access to top-tier talent, property data, and investors, enabling Orchard to strengthen its network and expand rapidly in the U.S. housing market.

What’s Next for Orchard?

Orchard plans to enhance its AI-powered real estate tools and expand its “Move First” program, which lets customers buy their next home before selling their current one. The company also aims to deepen its presence in new metropolitan markets and continue refining its end-to-end real estate experience, positioning itself as a leading digital platform for modern homeowners.

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