
A Letter to Our Customers, Partners & Future Homeowners
Read our response to recent press about Divvy and the rent-to-own model, as a whole. Continue reading A Letter to Our Customers, Partners & Future Homeowners
Read our response to recent press about Divvy and the rent-to-own model, as a whole. Continue reading A Letter to Our Customers, Partners & Future Homeowners
Growth and new hires for Divvy in 2022. Continue reading In 2022, Divvy Homes Welcomes Strong Growth and Fresh Leadership to its Ranks
Divvy Homes Promotes Lucia Franzese and Shirley Lin to Executive Leadership Team; Promotes Three to VP Roles and Adds Four New VPs to its Roster SAN FRANCISCO – January 13, 2022 – Divvy Homes, a market leader in the proptech industry, announced today a number of new hires and promotions spurred on by significant financial backing and market opportunity. John Lee will join Divvy Homes as the company’s new chief operating officer, while two Divvy leaders are promoted to the executive leadership team and seven vice presidents have been added to the roster. John Lee joins Divvy following nearly eight … Continue reading Divvy Homes Taps Blackstone’s John Lee as COO
SAN FRANCISCO– October 12, 2021 – Divvy Homes, a market leader in the proptech industry, today announced that it has entered into new debt facilities totaling $735M. Combined with $200M raised two months ago from the Series D, Divvy Homes is well-capitalized to pursue its mission of making homeownership accessible to everyone. This debt financing will allow Divvy Homes to provide more Americans with a path to homeownership through its innovative three-year program.The funds will be used to refinance two existing debt facilities and provide substantial incremental capacity to buy new homes, supporting Divvy’s 10-year goal of helping more than … Continue reading Divvy Homes Announces $735M Debt Financing Just Two Months After Raising $200 Million in Series D
Fueled by Strong Customer Demand and Market Growth, Divvy Homes Achieves Unicorn Status as Existing Investors Tiger Global and Caffeinated Capital Lead Round SAN FRANCISCO– August 13, 2021 – Just six months after announcing its Series C, Divvy Homes has … Continue reading Divvy Homes Closes $200 Million Series D to Broaden Access to Homeownership
Today, we’re expanding into seven new metros areas across the U.S! Our rent-to-own program is now available in Denver, CO, Fort Lauderdale, FL, Houston, TX, Jacksonville, FL, Miami, FL, Minneapolis, MN, and Orlando, FL. We couldn’t be more excited to … Continue reading Divvy is expanding across the U.S.
As we come to the end of a challenging year for Americans, we want to take a minute to reflect on what it’s meant for us as a company and for our customers. At Divvy, we’ve embarked on a bold mission to provide access to homeownership to more Americans. Through that mission, we’re creating greater financial stability and a better future for our customers. The U.S. housing market has historically been challenging for consumers and first-time home buyers to navigate—it can be expensive, exclusive, and opaque to take the first steps toward building equity in a home. We knew first … Continue reading A letter to our customers, partners, and future homeowners
Our mission at Divvy is to make homeownership accessible to everyone, but in order to do so, we need to understand the historical practices that have led to mass housing injustice. At Divvy, we’re committed to taking a hard look … Continue reading Understanding and Dismantling Systemic Racism in Housing, Part 3
Our mission at Divvy is to make homeownership accessible to everyone, but in order to do so, we must understand the historical practices that have led to mass housing injustice. At Divvy, we are committed to taking a hard look … Continue reading Understanding and Dismantling Systemic Racism in Housing, Part 2