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Rent-to-own innovator Divvy raises $30 million to fund growth

October 09, 2018 / Ben Lane

Divvy Homes, a real estate startup aiming to revolutionize rent-to-own and fractional ownership, just raised $30 million to help the company continue growing. Divvy officially launched earlier this year with $7 million in funding. But now, the company has $30 million more at its disposal. The company announced Tuesday morning that it completed a $30 million Series A equity and debt round, which was led by Andreessen Horowitz (a16z) with participation from Caffeinated Capital, Scifi Ventures, and DFJ.