What is Noah?
Founded in 2016, Noah offers homeowners a novel way to access their home's value without the burden of new monthly payments or interest. The company's core model involves partnering with homeowners to provide upfront financing in exchange for a share of the home's future appreciation. This innovative home investment strategy positions Noah as a disruptive force in the fintech and real estate sectors, providing a flexible financial solution for homeowners seeking to meet their goals.
How much funding has Noah raised?
Noah has raised a total of $6.2M across 3 funding rounds:
Angel/Seed
$1M
Series A
$5M
Debt
$150K
Angel/Seed (2017): $1M with participation from Techstars Ventures and KIMA Ventures
Series A (2019): $5M led by Breega Capital, Greg Schroy, Tribe Capital Growth Corp I, Techstars Ventures, and Union Square Ventures
Debt (2020): $150K supported by PPP
Key Investors in Noah
Union Square Ventures
Union Square Ventures is a prominent venture capital firm known for its investments in early-stage technology companies, often focusing on network effects and decentralized systems.
Techstars Ventures
Techstars Ventures is the investment arm of the Techstars accelerator program, providing seed funding and strategic support to promising startups within its global network.
Nathan Blecharczyk
Nathan Blecharczyk is a notable angel investor and the Co-founder of Airbnb, bringing significant experience in scaling disruptive technology platforms.
What's next for Noah?
The recent major strategic investment signals Noah's readiness for accelerated growth and market expansion. With a clear focus on scaling its operations and enhancing its proprietary home investment platform, Noah is poised to capture a larger share of the home equity market. Future strategic initiatives will likely involve further product development, broader geographic reach, and strengthening partnerships to solidify its position as a leader in alternative home financing solutions.
See full Noah company page
