What is Roofstock?
Founded in 2015, Roofstock operates as the leading digital platform for real estate investors targeting the substantial $4 trillion single-family rental home market. The company offers a comprehensive suite of resources, including data analytics, property management oversight, and an innovative online marketplace, designed to empower investors in buying, managing, and selling investment properties. By facilitating transparent transactions and providing essential tools, Roofstock enables individuals to acquire cash-flowing rental properties, diversify their portfolios, and build long-term wealth through real estate. To date, the company has facilitated over $4 billion in investment transactions and has been recognized on prestigious lists such as the CB Insights Fintech 250 and Forbes Fintech 50.
How much funding has Roofstock raised?
Roofstock has raised a total of $375.3M across 7 funding rounds:
Series A
$6.3M
Private Equity
$7M
Private Equity
$17.1M
Series B
$20M
Series C
$35M
Series D
$50M
Series E
$240M
Series A (2015): $6.3M with participation from Khosla Ventures
Private Equity (2015): $7M led by Bain Capital Ventures
Private Equity (2016): $17.1M, investors not publicly disclosed
Series B (2016): $20M featuring Nyca Partners, Khosla Ventures, Lightspeed Venture Partners, QED Investors, Bain Capital Ventures, and SV Angel
Series C (2017): $35M backed by Lightspeed Venture Partners, FJ Labs, QED Investors, Canvas Venture Partners, Bain Capital Ventures, Nyca Partners, and Khosla Ventures
Series D (2020): $50M with participation from Lightspeed Venture Partners, Fort Ross Ventures, SVB Capital, Canvas Ventures, Global Capital, Citi Ventures, Khosla Ventures, and Bain Capital Ventures
Series E (2022): $240M led by Bain Capital Ventures, The Private Shares Fund, Lightspeed Venture Partners, Khosla Ventures, Newton Investment Management, Citi Ventures, and SoftBank Vision Fund 2
Key Investors in Roofstock
Bain Capital Ventures
Bain Capital Ventures is a prominent venture capital firm with a history dating back to 1984, focusing on creating lasting impact through investments in growth and venture opportunities. They apply deep sector expertise across various areas, including fintech, and offer flexible capital solutions tailored to company needs.
Lightspeed Venture Partners
Lightspeed Venture Partners is a global multistage venture capital firm that invests in early and growth-stage technology companies across sectors like enterprise software, consumer, and fintech. They partner with founders from seed stage through IPO or M&A.
Khosla Ventures
Khosla Ventures provides venture assistance and strategic advice to entrepreneurs focused on breakthrough technologies. The firm has a broad investment focus that includes fintech and financial services, aiming to support innovative companies.
What's next for Roofstock?
With its latest major strategic investment, Roofstock is poised to accelerate its mission of democratizing real estate investing. The substantial capital infusion, particularly the recent $240M, will likely be directed towards enhancing its technological infrastructure, expanding its market reach, and potentially exploring new service offerings. As a company that has already facilitated billions in transactions, this funding round signals a strong confidence from investors in Roofstock's business model and its capacity to further disrupt the traditional real estate investment landscape. The focus will remain on leveraging data and technology to provide a seamless and profitable experience for single-family rental property investors.
See full Roofstock company page
