Total amount raised
$1.1 Billions
Latest funding date
Location
Title
Kiavi has successfully raised significant funding through multiple rounds, establishing itself as a key player in the real estate financing sector. The company offers a range of loan products tailored for residential real estate investors, including bridge loans and rental portfolio loans.
Keep reading to explore the intricacies of Kiavi's fundraising journey and the investors backing this innovative platform.
What Is Kiavi?
Kiavi, formerly known as LendingHome, was founded in 2013 by James Herbert, Josh Stech, and Matt Humphrey. The company is headquartered in San Francisco, California.
Kiavi leverages technology to provide financing solutions for residential real estate investors. Their loan products include bridge loans, rental portfolio loans, and fix-and-flip loans, designed to streamline the investment process.
With a team of 251-500 employees, Kiavi focuses on automating underwriting and decision-making to reduce manual steps in loan approvals, making it a key player in the real estate financing sector.
How Much Funding Has Kiavi Raised?
- Series A
- Amount Raised: $11.3M
- Date: November 2013
- Lead Investors: Foundation Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To launch and scale initial operations.
- Series B
- Amount Raised: $28M
- Date: August 2014
- Lead Investors: Ribbit Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand market reach and enhance technology.
- Series C
- Amount Raised: $70M
- Date: March 2015
- Lead Investors: Moatable
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and increase loan offerings.
- Series C
- Amount Raised: $56.6M
- Date: October 2017
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further expand loan products and market presence.
- Series D
- Amount Raised: Not publicly disclosed
- Date: March 2018
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance technological capabilities and support growth.
- Series E
- Amount Raised: $75M
- Date: December 2020
- Lead Investors: Benefit Street Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand loan portfolio and improve customer experience.
- Debt Financing
- Amount Raised: $158M
- Date: January 2023
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand funding capacity and support growth.
- Debt Financing
- Amount Raised: $400M
- Date: October 2024
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance lending capabilities and market reach.
- Debt Financing
- Amount Raised: $300M
- Date: February 2025
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further expand lending capabilities and support growth.
Kiavi has raised a total of $1.0989 billion. The current valuation is not publicly disclosed.
Key Investors
- Foundation Capital
- Details: Foundation Capital is a venture capital firm based in Silicon Valley. They have been investing in early-stage companies since 1995.
- Investment Focus Areas: Fintech, enterprise software, consumer technology.
- Notable Investments: Netflix, LendingClub, Sunrun.
- Ribbit Capital
- Details: Ribbit Capital is a global investment firm focused on financial services and technology. They aim to support companies that are transforming the financial industry.
- Investment Focus Areas: Fintech, insurance, cryptocurrency.
- Notable Investments: Coinbase, Robinhood, Credit Karma.
- Moatable
- Details: Moatable, formerly known as Social Capital, is a technology holding company. They focus on building and investing in transformative technology companies.
- Investment Focus Areas: Healthcare, education, financial services.
- Notable Investments: Slack, SurveyMonkey, Box.
- Benefit Street Partners
- Details: Benefit Street Partners is a leading credit-focused alternative asset management firm. They provide flexible financing solutions to companies across various industries.
- Investment Focus Areas: Real estate, healthcare, energy.
- Notable Investments: Not publicly disclosed.
- Foundation Capital
- Details: Foundation Capital is a venture capital firm based in Silicon Valley. They have been investing in early-stage companies since 1995.
- Investment Focus Areas: Fintech, enterprise software, consumer technology.
- Notable Investments: Netflix, LendingClub, Sunrun.
What's Next for Kiavi?
Kiavi's recent $158 million capital injection through a securitization of residential transition loans positions the company to seize significant growth opportunities. With a total issuance now at $2.75 billion, Kiavi is well-placed to expand its funding capacity and attract more real estate investors through its tech-enabled platform. The company’s ability to simplify and accelerate loan processes offers a competitive edge in a fluctuating real estate market.
Future fundraising opportunities seem promising, given Kiavi's growth trajectory and successful securitization efforts. However, the company must navigate challenges such as rising yields and maintaining investor confidence in a volatile market. By continuing to innovate and adapt, Kiavi can solidify its leadership in the real estate financing sector.
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