Divvy Homes
Real estate tech companies continue to get hammered by high mortgage rates
Once valued at over $2 billion, rent-to-own startup Divvy Homes conducted its third round of layoffs in a year’s time.
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Divvy Homes goes from $2B valuation to third round of layoffs in a year
Divvy Homes, the rent-to-own startup that gained attention and investment from Tiger Global and other high-profile investors, is laying off 94 employees. The layoffs — its third round in the past year — represents the latest blow to the real estate tech company, as mortgage interest rates have continued to surge. The 94 employees are…
As Southeast Asia starts to boom, an accelerator backed by Silicon Valley execs jumps in
By today’s standards, $10 million isn’t a lot of capital to invest. But Iterative, which describes itself as a YC-style accelerator focused exclusively on Southeast Asia, says the $10 million…
Divvy Homes secures $110M Series C to help renters become homeowners
Despite all the headaches that come with it, homeownership is still the American dream for many. Divvy Homes — a startup that is out to help more people realize that…
Singapore tech-based real estate agency Propseller raises $1.2 million seed round
Propseller, a Singapore-based real estate agency that combines a tech platform with in-house agents to close transactions more quickly, announced today it has raised $1.2 million in seed funding. The…
Fractional home ownership startup Divvy raises $43m series B to build a path from rent to purchase
There is no more important savings asset for most American families than owning a home, but the dream of ownership has turned into a nightmare. Homeownership, which peaked in 2004…
