Divvy - About the company
Divvy is a series D company based in San Francisco (United States), founded in 2017 by Brian Ma, Adena Hefets, Alex Klarfeld, Sydne Minter, Tiffany Li, Nicholas Clark and Ricardo A. It operates as an Online platform for rent-to-buy solutions for residential properties. Divvy has raised $1.2B in funding from investors like Tiger Global Management, Caffeinated Capital and Andreessen Horowitz, with a current valuation of $1B. The company has 134 active competitors, including 7 funded and 2 that have exited. Its top competitors include companies like Landis, ZeroDown and Up&Up.
Sectors and market segments that Divvy operate in
Divvy serves in the FinTech, Real Estate and Construction Tech market segments.The primary business model of Divvy are:Company Details
Online platform for rent-to-buy solutions for residential properties. The company buys a property chosen by the users and offers it to the users on lease for a yearly period. To convert the lease into ownership, enables users to make a monthly payment and can be used as the down payment for the property. Additionally, if users decide not to buy the house in the end they get back their monthly home equity investments from the company.
- Website
- www.divvyhomes.com/
- Social
- Email ID
- *****@divvyhomes.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2017
Location
San Francisco, United States
Stage
Series D
Total Funding
$1.2B in 7 rounds
Latest Funding Round
Post Money Valuation
$1B as on Jan 10, 2025
Investors
Ranked
1st among 134 active competitors
Employee Count
35 as on Sep 30, 2026
Investment & Acquisitions
Legal entities associated with Divvy
Divvy is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Divvy Homes, Inc. CIN: 20201038286 , United States, Deadpooled | Jan 14, 2020 | - | - | - |
DIVVY HOMES, INC. CIN: 32073106075 , United States, Active | Jan 14, 2020 | - | - | - |
DIVVY HOMES CIN: 821948327 , Belgium, Active | Jun 19, 2017 | - | 71 (As on Dec 31, 2022) | - |
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Divvy's funding and investors
Divvy has raised a total funding of $1.2B over 7 rounds. Its first funding round was on Jan 25, 2018. Its latest funding round was a Series D round on Aug 13, 2021 for $200M. 5 investors participated in its latest round. Divvy has 17 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Divvy:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 13, 2021 | $200M | Series D | $2B | - | ||
Feb 02, 2021 | $110M | Series C | $490M | - | ||
Sep 25, 2019 | $43M | Series B | - | - |
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Divvy's founders and board of directors
Founder? Claim ProfileThe founders of Divvy are Brian Ma, Adena Hefets, Alex Klarfeld, Sydne Minter, Tiffany Li, Nicholas Clark and Ricardo A.
Here are the details of Divvy's key team members:
- Brian Ma: Co-Founder of Divvy and founder of 1 other company. They are also an angel investor in 7 startups.Contact Info: 2 email addresses
- Adena Hefets: Co-Founder of Divvy. They are also an angel investor in 1 startup.Contact Info: 1 email address
- Alex Klarfeld: Former Co-Founder of Divvy and founder of 1 other company.
- Sydne Minter: Owner of Divvy. Contact Info: 1 email address
- Tiffany Li: Former Co-Founder of Divvy. Contact Info: 1 email address
View details of Divvy's Founder profiles and Board Members
Divvy's employee count trend
Divvy has 35 employees as of Sep 26. Here is Divvy's employee count trend over the years:
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Divvy's Competitors and alternates
Top competitors of Divvy include Landis, ZeroDown and Up&Up. Here is the list of Top 10 competitors of Divvy, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Divvy 2017, San Francisco (United States), Series D | Online platform for rent-to-buy solutions for residential properties | $1.2B | 58/100 | |
2nd | _1569415548623.png?devicePixelRatio=2&height=30&width=30){kind=logo} Landis 2018, New York City (United States), Series B | Provider of a rent-to-buy platform for residential properties | $209M | 53/100 | |
3rd | ZeroDown 2018, San Francisco (United States), Series A | Provider of financial tools for buying homes before selling property | $30M | 50/100 | |
4th |  Up&Up 2017, New York City (United States), Series B | Provider of residential rental agreements that allow equity building opportunities | $275M | 48/100 | |
5th |  Acre Homes 2021, Raleigh (United States), Seed | Online rent-to-buy platform for residential mortgage | $10M | 47/100 | |
6th | Home Partners of America 2012, Chicago (United States), Acquired | Rental housing provider offering quality homes and exceptional resident experiences | $5M | 35/100 | |
7th |  Rook 2021, Boulder (United States), Acquired | Online rent-to-buy platform for residential properties | $4.1M | 35/100 | |
8th |  HALO 2016, Essex (United States), Series D | Provides rent to own solutions to users | $450M | - | 33/100 |
9th | OWNR 2017, San Francisco (United States), Series B | Provider of an online rent to buy solution for residential properties | $19.1M | 32/100 | |
10th |  SmartPay Rentals 2013, Leola (United States), Unfunded | Provider of rent-to-own solutions for self storage facilities | - | - | 25/100 |
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Divvy's Investments and acquisitions
Divvy has a total of 1 investment in Polywork. Divvy has not made any acquisitions as of now.Reports related to Divvy
Here is the latest report on Divvy's sector:
News related to Divvy
Filter this list•
Brookfield’s $1 Billion Acquisition of Divvy Homes’ Portfolio and PlatformGlobal Legal Chronicle•Feb 03, 2025•Divvy, Brookfield Asset Management
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Divvy Homes Sale to Brookfield Is a Cautionary Tale for PropTech StartupsPYMNTS.com•Jan 24, 2025•Divvy, Brookfield Asset Management, Maymont Homes
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Proptech Divvy Introduces Service to Assist Potential Homebuyers with Navigating Real Estate MarketsCrowdfund Insider•Mar 31, 2024•Divvy
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Fintech and Consumer Protection Professional Shara Chang Joins Chime as Chief Compliance OfficerCrowdfund Insider•Dec 19, 2023•Chime, Divvy
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Divvy stays mum as employees report a new round of layoffsInman•Sep 09, 2023•Divvy, Andreessen Horowitz, Tiger Global Management
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HomePace to launch homebuyer solution with backing from LennarInman•Apr 27, 2022•HomePace, LEN X, Opendoor, NextView Ventures and 4 others
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Divvy builds up home-buying credit of $750MAIM Group•Oct 13, 2021•Divvy, Barclays, Goldman Sachs, Cross River Bank and 2 others
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Rent-to-buy firm Divvy raises $200MAIM Group•Aug 17, 2021•Divvy, Tiger Global Management, Andreessen Horowitz, GIC and 1 other
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