Venture Capital News: Better Announces $200M Series D Round
2020-11-12
NEW YORK, NY, Better.com has secured a $200 million Series D round of funding.
Better.com, one of the fastest-growing homeownership platforms in the country, today announced a $200 million Series D round of funding. L Catterton served as lead investor, joining existing shareholders Activant Capital, Ally Financial, American Express Ventures, Ping An Global Voyager Fund, and 9Yards Capital in the round.
Founded in 2016, Better.com is a digital-first homeownership company whose services included mortgage, real estate, title, and homeowners insurance. To date, Better.com has funded $25B in home loans and provided over $7B in cumulative coverage through Better Cover and Better Settlement Services, the insurance divisions of Better.com. Better.com has raised over $400M in equity capital since inception and is backed by L Catterton, Kleiner Perkins, Goldman Sachs, American Express Ventures, Activant Capital, Ally Financial, Citi and other investors. The company was ranked #15 on CNBC's Disruptor 50 2020 list, as well as being listed to Forbes FinTech 50 for 2020. For more information, follow @betterdotcom.
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