Landis, a New York-based provider of a platform paving the way for renters to become homeowners, raised $40M in Series B funding.
The round was led by GV with participation from Sequoia Capital, Jay Z’s Roc Nation fund Arrive, the National Association of REALTORS®’s Second Century Ventures, Operator Partners, Signia Ventures, and Team Builder Ventures.
The company intends to use the funds to enable continued growth and expand its coaching program.
Led by CEO Cyril Berdugo, Landis provides a platform for renters to become homeowners. It works by enabling clients to pick a home and rent it until they’re ready to take on a mortgage, removing many of the barriers that make homeownership difficult. The Landis coaches provide personalized and consistent one-on-one support as clients work towards improving their credit history and building their savings for a down payment. Once a client hits their goals, they are able to get a mortgage and become the owner of their dream home.
Landis operates in over 50 markets nationwide.
FinSMEs
19/10/2022