What is Orchard?
Orchard is a technology company established in 2017 and headquartered in New York City, focused on revolutionizing the end-to-end home buying experience. Leveraging AI-powered home search capabilities, Orchard offers a modern, all-digital platform for mortgages and closing processes. The company aims to streamline and simplify real estate transactions for consumers through technological innovation.
How much funding has Orchard raised?
Orchard has raised a total of $457M across 5 funding rounds:
Series A
$30M
Debt
$200M
Series B
$58M
Series C
$69M
Series D
$100M
Series A (2018): $30M with participation from FirstMark
Debt (2019): $200M, investors not publicly disclosed
Series B (2020): $58M supported by FirstMark, Juxtapose, Navitas Capital, and Accomplice
Series C (2020): $69M featuring Accomplice, Gaingels, FirstMark, Navitas Capital, Juxtapose, and Revolution Growth
Series D (2021): $100M backed by FirstMark, Juxtapose, Revolution, and First American
Key Investors in Orchard
Revolution
Revolution is a venture capital firm that invests in transformative technologies and iconic destinations, supporting entrepreneurs who are redefining possibilities. With over two decades of experience, they back visionary founders at every stage of the startup journey and promote innovation beyond traditional tech hubs.
Gaingels
Gaingels is the leading investment syndicate in support of and representing the LGBTQ community and allies in the venture capital space. Gaingels invests in companies with LGBT founders and C-suite leaders at all stages of growth, as well as in other high-growth companies resolved on building more inclusive teams.
Revolution Growth
Revolution Growth invests growth capital in extraordinary companies and entrepreneurs that can change the world. They help companies take ideas from niche to mass and capitalize on multi-billion dollar market opportunities, focusing on technology-enabled businesses that empower consumers and disrupt existing, multi-billion dollar industries.
What's next for Orchard?
With a significant influx of capital, Orchard is poised for accelerated expansion and further development of its AI-driven platform. The recent major strategic investment suggests a focus on scaling operations, enhancing technological capabilities, and potentially broadening its market reach. Future endeavors will likely involve deepening its digital mortgage and closing solutions, solidifying its position as a leader in proptech innovation and transforming the traditional home buying journey.
See full Orchard company page
