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Tiger Global Management led a $110m Series C round in Divvy Homes.

Financials

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Transaction Value£80m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Friendly

United States

Venture Capital

Completed

real estate platform

Single Bidder

Real Estate Services

Domestic

Minority

Acquisition

Private Equity

Synopsis

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Tiger Global Management led a $110m Series C round in Divvy Homes, a San Francisco-based company which purchases homes and then leases them to prospective homeowners, with participation from GGV Capital, Moore Specialty Credit and JAWS Ventures. "At the start of the pandemic, we made a commitment to help and support as many future homeowners as possible," Adena Hefets, Divvy Homes CEO.

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