PALO ALTO, CA, Point has secured $115 million in additional funding to accelerate company growth.
Point, a fintech company and home equity platform that provides homeowners access to equity financing in exchange for a fractional share of the future value of their homes, has secured $115 million in additional funding to accelerate company growth. Point's Series C fundraise was led by WestCap, with participation from other existing investors Andreessen Horowitz, Ribbit Capital, Redwood Trust, Atalaya Capital Management, and DAG Ventures. New investors include Deer Park Road Management, The Palisades Group, and Alpaca VC.
Point is a home equity platform that makes home wealth more valuable for everyone. With a Home Equity Investment (HEI) from Point, homeowners can unlock their home equity, enabling them to eliminate debt, get through periods of financial hardship, and diversify their wealth. For investors, Point provides access to a previously untapped asset class in the residential real estate space.
(c)2011-2020 by Massinvestor, Inc. For contact info, please check out our about