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

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