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Orchard - About the company

Orchard is a series D company based in New York City (United States), founded in 2017 by Phil Degisi. It operates as an Online reseller of residential properties. Orchard has raised $257M in funding from investors like FirstMark, Revolution and Navitas Capital, with a current valuation of $1B. The company has 104 active competitors, including 18 funded and 5 that have exited. Its top competitors include companies like Opendoor, McMakler and Flyhomes.

Sectors and market segments that Orchard operate in

Orchard serves in the Real Estate and Construction Tech market segments.The primary business model of Orchard is:

Company Details

Online reseller of residential properties. The platform enables users to provide information on properties and receive a purchase offer. The company buys the properties from the sellers and sells them to different property buyers.
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Email ID
*****@orchard.com
Phone Number
+1 **********
Registered Address
31 WEST 27TH STREET 4TH FLOOR, NEW YORK, NY 10001
Key Metrics
Founded Year
2017
Location
New York City, United States
Stage
Series D
Total Funding
$257M in 7 rounds
Latest Funding Round
Post Money Valuation
$1B as on Dec 31, 2021
Investors
Ranked
Employee Count
702 as on Aug 31, 2026
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Orchard's funding and investors

Orchard has raised a total funding of $257M over 7 rounds. Its first funding round was on May 10, 2018. Its latest funding round was a Series D round on Sep 09, 2021 for $100M. 5 investors participated in its latest round. Orchard has 17 institutional investors.

Here is the list of recent funding rounds of Orchard:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 09, 2021
$100M
Series D
$1B
-
Sep 10, 2020
$69M
Series C
-
-
Jan 07, 2020
$36M
Series B
-
-
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Orchard's founders and board of directors

Founder? Claim Profile
The founders of Orchard is Phil Degisi.
Here are the details of Orchard's key team members:

Orchard's employee count trend

Orchard has 702 employees as of Aug 26. Here is Orchard's employee count trend over the years:
Employee count trend for Orchard
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Orchard's Competitors and alternates

Top competitors of Orchard include Opendoor, McMakler and Flyhomes. Here is the list of Top 10 competitors of Orchard, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Opendoor
Opendoor
2014, Tempe (United States), Public
Provider of digital platforms for buying and selling residential property
$1.35B
84/100
2nd
Logo for McMakler
McMakler
2015, Berlin (Germany), Series D
Online real estate brokerage services for residential and commercial spaces
$233M
64/100
3rd
Logo for Flyhomes
Flyhomes
2016, Bellevue (United States), Series D
Provider of an online reseller solution for residential properties
$218M
64/100
4th
Logo for Loft
Loft
2018, Sao Paulo (Brazil), Series E
Online reseller of residential properties
$798M
64/100
5th
Logo for Casavo
Casavo
2017, Milan (Italy), Series D
Online reseller of residential properties
$602M
63/100
6th
Logo for OfferPad
OfferPad
2015, Chandler (United States), Public
Online reseller of residential properties
$155M
62/100
7th
Logo for Orchard
Orchard
2017, New York City (United States), Series D
Online reseller of residential properties
$257M
53/100
8th
Logo for Knock
Knock
2015, New York City (United States), Series C
Online reseller of residential properties
$138M
53/100
9th
Logo for Flat
Flat
2019, Mexico City (Mexico), Series A
Online reseller of residential properties
$24.9M
51/100
10th
Logo for UpEquity
UpEquity
2019, Austin (United States), Series B
Provider of financial programs facilitating home purchases before selling properties
$77M
50/100
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Orchard's Investments and acquisitions

Orchard has made no investments or acquisitions yet.

Reports related to Orchard

Here is the latest report on Orchard's sector:

News related to Orchard

lockFilter this list
Media has covered Orchard for 1 event in last 1 year, It was about company updates.
•
Developer's bankruptcy stalls Orchard Park townhome projectThe Business Journals•Jul 24, 2024•Orchard
•
IT Firm Nagarro Subleases 41K SF at 195 BroadwayCommercial Observer•Jul 09, 2024•Nagarro, Orchard
•
Power buyer Orchard lays off 10%AIM Group•Jun 27, 2022•Orchard
•
Orchard turns to layoffs in cutting gene therapy researchBioPharmaDive•Mar 20, 2022•Orchard
•
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