Announced
Completed
Financials
Sources
Tags
Private
real estate financing
Completed
Private Equity
Domestic
Mortgage Finance
Acquisition
Venture Capital
Single Bidder
Minority
United States
Friendly
Synopsis
WestCap, an investment company in New York City, led a $115m Series C round in Point, a US outfit that provides homeowners access to equity financing in exchange for a fractional share of the future value of their property, with participation from Andreessen Horowitz, Ribbit Capital, Redwood Trust, Atalaya Capital Management, DAG Ventures, Deer Park Road Management, The Palisades Group, Corigin Ventures and Alpaca VC. "We expect this additional capital to accelerate our growth as we help cash-constrained homeowners and home buyers build financial stability and achieve their financial dreams," Eddie Lim, Point CEO.
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