Business

Meet the startup that’s on a mission to help 100,000 people buy Homes

meet the startup that's on a mission to help 100,000 people buy homes Meet the startup that’s on a mission to help 100,000 people buy Homes 5bf54d5b8c35ab1bd739cbe9 1536 7681542911231 960x480

Meet the startup that’s on a mission to help 100,000 people buy homes in the next 5 years, and recently raised $30 million to do so
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Adena Hefets meet the startup that's on a mission to help 100,000 people buy homes Meet the startup that’s on a mission to help 100,000 people buy Homes adenahefets7893 1 Divvy

.Divvy offers alternative funding alternatives for prospective house purchasers who do not get approved for conventional home mortgages..Divvy purchases houses outright and enables consumers to pay it back in a series of month-to-month payments —– 25 %of which approaches developing equity and 75% approaches paying ““ lease. “. The business’s COO, Adena Hefets, informed us:” We desire [Divvy] to be the stepping stone that enables individuals to shift from leasing to ultimately owning their own houses.””. In October, Divvy raised a $30 million Series A round led by Andreessen Horowitz..The business runs in 3 cities presently (Cleveland, Memphis, and Atlanta) and in its very first year, assisted purchase houses for over 100 individuals..

When Adena Hefets was maturing, her moms and dads weren’’ t able to get a standard home loan.

 

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