Roofstock

Real Estate

Founded: 2015

Last Round Valuation: $1.94B

Roofstock is a cutting-edge real estate investment platform that has revolutionized the way people buy and sell single-family rental properties. Founded in 2015, Roofstock aims to make real estate investing more accessible, transparent, and efficient for both seasoned investors and first-time buyers alike. The platform operates as an online marketplace, offering a wide selection of pre-vetted, tenant-occupied properties in various markets across the United States. Through Roofstock, investors can browse through detailed property listings, access key data and analytics, and even purchase properties entirely online, all while enjoying the benefits of expert guidance and support throughout the process. With a mission to democratize real estate investment, Roofstock empowers individuals to build and diversify their portfolios with ease, providing a seamless and secure platform to participate in the lucrative world of real estate with confidence.

Roofstock Overview:

Roofstock is a pioneering online real estate investment platform that has fundamentally transformed the traditional real estate market by providing a unique and innovative way to buy and sell single-family rental properties. Established in 2015, Roofstock's primary mission is to democratize real estate investing, making it accessible to a broader range of investors, including seasoned professionals and newcomers to the field.

The platform operates as a comprehensive online marketplace, offering a diverse portfolio of pre-vetted, tenant-occupied rental properties across various markets in the United States. Unlike conventional real estate transactions, Roofstock enables investors to purchase rental properties entirely online, eliminating the need for physically visiting properties, which can be both time-consuming and costly.

One of Roofstock's key differentiators is its commitment to transparency and accessibility. Each property listing on the platform comes with comprehensive data and analytics, allowing investors to make informed decisions based on key metrics such as cash flow projections, estimated returns, and neighborhood analysis. This level of detail empowers investors to assess potential risks and rewards before making investment choices.

Roofstock also offers an innovative "Certification" process, where each property undergoes a rigorous evaluation to verify its condition and income-generating potential. This certification provides additional peace of mind to investors, ensuring they are purchasing properties that meet high-quality standards.

One of the most appealing aspects of Roofstock is its dedication to serving investors of all backgrounds. Whether an individual is an experienced real estate investor looking to expand their portfolio or a first-time buyer eager to enter the real estate market, Roofstock offers a user-friendly platform and expert guidance to cater to their needs.

The platform provides a range of useful tools and resources, including educational content, market insights, and personalized investment strategies, helping users make well-informed decisions aligned with their financial goals. Moreover, Roofstock's customer support team is readily available to assist investors throughout the entire investment process, from property selection to closing the deal.

Roofstock's innovative approach has garnered significant attention and support from investors and the real estate community alike. By eliminating barriers to entry and offering a seamless, secure, and data-driven investment experience, Roofstock has transformed real estate investing into a modern, streamlined, and lucrative venture accessible to investors of all levels of expertise. With its strong commitment to transparency, technology-driven solutions, and customer-centric approach, Roofstock continues to revolutionize the real estate investment landscape and empower individuals to participate in the wealth-building opportunities offered by the real estate market.

Founders:

  • Gary Beasley

  • Gregor Watson

  • Rich Ford

Top Investors:

  • 7 Global Capital

  • 7GC & Co.

  • All Iron Ventures

  • Asia Pacific Land

  • Bain Capital Ventures

  • CAZ Investments

  • CSC UpShot Ventures

  • Canvas Ventures

  • Citi Ventures

  • DoorDash Angels

  • Expanding Capital

  • FJ Labs

  • Fifth Wall

  • First American Financial

  • Fort Ross Ventures

  • German Ventures

  • Great Oaks Venture Capital

  • Grey Wolf VC

  • Hone Capital

  • JLL Spark

  • Khosla Ventures

  • Lightspeed Venture Partners

  • Marc Benioff

  • Masco Ventures

  • Moving Capital

  • Newton Investment Management North America

  • Nyca Partners

  • Otter Rock Capital

  • Pegasus Technology Ventures

  • QED Investors

  • SV Angel

  • SVB Capital

  • SVB Financial Group

  • SoftBank

  • The Private Shares Fund

  • ZenStone Venture Capital

Funding History:


Funding Rounds
Date Share Type Amount Raised Raised to Date Issue Price Post Money Valuation Key Investors
Mar 2022 Series E $240MM $529.61MM $29.49 $1.94B SoftBank, Khosla Ventures, Lightspeed Venture Partners
Jan 2020 Series D-1 $13.16MM $97.19MM $11.90 $593.11MM 7 Global Capital, Bain Capital Ventures, Canvas Ventures
Jan 2020 Series D $192.42MM $276.45MM $11.90 $593.11MM 7 Global Capital, Bain Capital Ventures, Canvas Ventures
Jan 2018 Series C $50MM $83.5MM $7.45 $300MM All Iron Ventures, Asia Pacific Land, Bain Capital Ventures
Jan 2018 Series C-1 $531.53K $34.03MM $7.45 $300MM All Iron Ventures, Asia Pacific Land, Bain Capital Ventures
Nov 2016 Series B $20MM $33.5MM $3.32 $100MM Bain Capital Ventures, Khosla Ventures, Lightspeed Venture Partners
Dec 2015 Series A-1 $7MM $13.5MM $1.94 $42MM Bain Capital Ventures, Grey Wolf VC, Hone Capital
Jul 2015 Series A $6.5MM $6.5MM $1.00 $11.85MM Khosla Ventures, Marc Benioff, Nyca Partners

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