The company intends to use the funds to to enhance its Roofstock One offering to accredited investors, to help further improve accessibility and liquidity in the SFR asset class, hire across all roles from engineering and product to marketing, analytics and operations, build out Roofstock Labs, its internal incubator for next-generation products and services for the industry at large, provide capital for additional strategic M&A on top of the three previous acquisitions, which include Streetlane Homes, Stessa, and Great Jones.
Led by CEO Gary Beasley, and Gregor Watson, co-founder and Chairman, Roofstock is a digital real estate investing platform for the $4 trillion single-family rental home (SFR) sector. Its innovative technology and software makes it possible for both incumbents and new investors to maximize opportunities across the U.S. and realize substantial rewards in a customized, transparent digital experience. The company provides extensive resources for institutional and retail investors to buy, manage, and sell investment real estate online.Since its founding, Roofstock has facilitated more than $5 billion in transaction volume, more than half of which came from the last year alone.
10/03/2022
