iBuyer startup Perch lands $220 million capital investment

FirstMark Capital | April 03, 2019

iBuyer startup Perch lands $220 million capital investment
Perch, an online platform for home buying and selling, announced this week that it raised $220 million in funding to fuel its plans for continued expansion. The funding round includes $200 million in debt that was led by FirstMark Capital with help from Accomplice and Juxtapose, plus $20 million in equity. The company which launched early last year in San Antonio and has since expanded to Dallas-Fort Worth is part of a rising category of companies called iBuyers, which seek to simplify the home buying and selling process by creating a completely digital transaction that puts consumers in control.

Spotlight

When is the best time to buy a house? You might have asked your self that question before, our chief economist Danielle Hale will use data from the housing market to show you when the best time to buy a house is. As well as when you could get a good deal on a house throughout the year. Check out the link below for location specifics.

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Spotlight

When is the best time to buy a house? You might have asked your self that question before, our chief economist Danielle Hale will use data from the housing market to show you when the best time to buy a house is. As well as when you could get a good deal on a house throughout the year. Check out the link below for location specifics.