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

Roofstock has raised a total of $373 million across multiple rounds, including a $6.3M Venture, $7M Series A, $20M Series B, $35M and $7M Series C, $50M Series D, and a $240M Series E led by SoftBank Vision Fund, reaching a $1.94 billion valuation (Mar 2022). Founded in 2015 and headquartered in Oakland, California, Roofstock operates an online marketplace for real estate investments, enabling investors to buy, sell, and manage single-family rental properties through a data-driven, transparent, and low-friction digital platform.

How Much Did Roofstock Raise? Funding & Key Investors

Roofstock is an online marketplace for real estate investments, enabling users to purchase and sell whole or fractional shares of single-family rental properties. The platform provides tools for portfolio management, analytics, and deal execution, connecting investors with verified investment opportunities. Roofstock has raised $373M in funding from investors including SoftBank Vision Fund, Akkadian Ventures, and SVB Capital, with a current valuation of $1.94B (as of Mar 2022).

What Is Roofstock and What Does It Do?

Roofstock, founded in May 2015 by Devin Wade, Gary Beasley, Gregor Watson, and Rich Ford, is headquartered in Oakland, California. The company specializes in providing a transparent and low-friction platform for investing in leased single-family rental homes.

With a workforce of 501-1000 employees, Roofstock equips investors to manage real estate investments like they would a stock portfolio. Its platform includes property research, analytics, pricing transparency, deal management, and support solutions, allowing both retail and institutional investors to buy, sell, and manage residential investment properties efficiently.

How Much Funding Has Roofstock Raised?

1. Venture Round

Amount Raised: $6.3M
Date: July 2015
Motivation: To scale operations and expand the team.

2. Series A

Amount Raised: $7M
Date: March 2016
Lead Investors: Bain Capital
Motivation: Enhance platform features and improve user experience.

3. Series B

Amount Raised: $20M
Date: November 2016
Lead Investors: Lightspeed Venture Partners
Motivation: Expand market reach and increase property listings.

4. Series C

Amount Raised: $35M
Date: October 2017
Lead Investors: Canvas
Motivation: Accelerate growth and expand into new markets.

5. Series C

Amount Raised: $7M
Date: January 2018
Lead Investors: SVB Capital
Motivation: Further develop technology and data analytics capabilities.

6. Series D

Amount Raised: $50M
Date: January 2020
Lead Investors: SVB Capital
Motivation: Support growth, including investments in data science and product capabilities.

7. Series E

Amount Raised: $240M
Date: March 2022
Lead Investors: SoftBank Vision Fund
Motivation: Expand the platform's capabilities and market reach.

Total Funding Raised: $373 Million

Current Valuation: $1.94 Billion (as of Mar 2022)

Latest Funding Date: March 2022

Key Investors

1. SoftBank Vision Fund

Details: One of the largest tech-focused venture funds in the world.
Investment Focus Areas: AI, robotics, e-commerce, telecommunications
Notable Investments: Uber, WeWork, ByteDance

2. SVB Capital

Details: Venture and private equity arm of SVB Financial Group.
Investment Focus Areas: Fintech, healthcare, enterprise software
Notable Investments: DocuSign, Stripe, Airbnb

3. Canvas Ventures

Details: VC firm investing in early-stage tech companies.
Investment Focus Areas: Fintech, digital health, enterprise software
Notable Investments: Houzz, Zola, Evernote

4. Lightspeed Venture Partners

Details: Multi-stage VC firm focused on disruptive innovations.
Investment Focus Areas: Enterprise tech, consumer, health
Notable Investments: Snap, Nest, GrubHub

Where Is Roofstock’s Headquarters?

Roofstock is headquartered in Oakland, California, providing access to top-tier tech talent and venture capital networks. The location supports innovation in digital real estate investment solutions and connects the company to a large ecosystem of tech-enabled financial services.

What’s Next for Roofstock?

Roofstock is positioned for continued growth in the $3 trillion single-family rental home sector. The company is investing in data science, engineering, and product development, while services like Roofstock Platform Services target institutional investors. These initiatives aim to expand market reach, improve operational efficiency, and position Roofstock as a leading global real estate investment platform.

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