Backflip, a Dallas, TX-based provider of a real estate and financial technology platform for real estate entrepreneurs, raised $15M in Series A funding.
The round was led by FirstMark Capital. Previous investors Vertical Venture Partners, LiveOak Venture Partners, Revel Partners, ECMC, the real estate company Crow Holdings, and angels Greg Waldorf, Rob Barber, Gregg Freishtat, CEOs and former Board Members at Zillow, Attom Data, and GreenSky also participated.
The company intends to use the funds to expand operations and development efforts.
Led by CEO Josh Ernst, Backflip is a real estate financial technology company that supports entrepreneurs to acquire and renovate single family homes. It offers purpose-built technology and capital products to source, analyze and finance residential real estate investments. The platform provides entrepreneurs with the technology, data, and financing strategies that allows them to scale their businesses.
With this new fundraising round, Backflip has raised $95M in cumulative equity and debt.
FinSMEs
29/04/2024