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.
- Website
- orchard.com
- 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
Ranked
7th among 104 active competitors
Employee Count
702 as on Aug 31, 2026
Legal entities associated with Orchard
Orchard is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
ORCHARD TECHNOLOGIES, INC. CIN: 179821492 , United States, Active | Mar 18, 2021 | - | - | - |
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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:
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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 | - | - |
View details of Orchard's funding rounds and investors
Orchard's founders and board of directors
Founder? Claim ProfileThe founders of Orchard is Phil Degisi.
Here are the details of Orchard's key team members:
- Phil Degisi: Former Co-Founder of Orchard and founder of 1 other company.
View details of Orchard's Founder profiles and Board Members
Orchard's employee count trend
Orchard has 702 employees as of Aug 26. Here is Orchard's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Opendoor 2014, Tempe (United States), Public | Provider of digital platforms for buying and selling residential property | $1.35B | 84/100 | |
2nd | Online real estate brokerage services for residential and commercial spaces | $233M | 64/100 | ||
3rd | Flyhomes 2016, Bellevue (United States), Series D | Provider of an online reseller solution for residential properties | $218M | 64/100 | |
4th | Online reseller of residential properties | $798M | 64/100 | ||
5th | Online reseller of residential properties | $602M | 63/100 | ||
6th | OfferPad 2015, Chandler (United States), Public | Online reseller of residential properties | $155M | 62/100 | |
7th | Orchard 2017, New York City (United States), Series D | Online reseller of residential properties | $257M | 53/100 | |
8th | Knock 2015, New York City (United States), Series C | Online reseller of residential properties | $138M | 53/100 | |
9th | Online reseller of residential properties | $24.9M | 51/100 | ||
10th | UpEquity 2019, Austin (United States), Series B | Provider of financial programs facilitating home purchases before selling properties | $77M | 50/100 |
Looking for more details on Orchard's competitors? Click here to see the top ones
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
Media has covered Orchard for 1 event in last 1 year, It was about company updates.
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Orchard Corp. Appoints James Cantrell as First CEO to Lead Strategic GrowthBusiness Wire•Sep 02, 2025•Orchard
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HomeLight Partners with Orchard to Power Move First ProgramBusiness Wire•Nov 20, 2024•Orchard, HomeLight
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Developer's bankruptcy stalls Orchard Park townhome projectThe Business Journals•Jul 24, 2024•Orchard
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Cushman & Wakefield Negotiates 41,854 SF Office Sublease in Manhattan’s Financial DistrictBetter Built by Barnes•May 24, 2023•Cushman, Orchard
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Media Startup The Messenger Signs 42K-SF Sublease for First Offices at 195 BroadwayCommercial Observer•May 19, 2023•Themessenger, Orchard, L&L
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Orchard reaches unicorn status with $100M funding roundHousingWire•Sep 11, 2021•Orchard, Accomplice, FirstMark, Revolution and 3 others
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