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HomeFundingTX-based Backflip Secures $15Million in Series A Round Funding - FUNDING NEWS

TX-based Backflip Secures $15Million in Series A Round Funding – FUNDING NEWS

Backflip, offers financial and real estate technology platforms to real estate businesses secures $15million in series A round funding.

Backflip, offers financial and real estate technology platforms to real estate businesses secures $15million in series A round funding.

Leading the round was FirstMark Capital. The real estate business Crow Holdings, the previous investors Vertical Venture Partners, LiveOak Venture Partners, Revel Partners, ECMC, and angel investors Greg Waldorf, Rob Barber, and Gregg Freishtat, as well as CEOs and former board members at Zillow, Attom Data, and GreenSky, took part.

The money will be used by the business to increase operations and development initiatives. Backflip is a real estate finance technology startup that helps business owners buy and remodel single-family houses. Josh Ernst serves as the company’s CEO.

Read also – CA-based Thintronics Secures $23Million in Series A Round Funding – FUNDING NEWS

It provides financing solutions and specially designed technologies to find, evaluate, and fund residential real estate projects. The platform gives company owners access to data, technology, and finance options that let them grow their companies. It has raised a total of $95 million in debt and equity with their latest financing round.

About Backflip

Backflip empowers businesses to revitalise houses. Their comprehensive real estate experience, financing solutions, and user-friendly technologies will help you complete the task. Reviving homes may help real estate entrepreneurs enhance local communities, according to Backflip, a proptech + fintech business.

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