Real Estate Tech Biz Grabs $200M In Series D

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Law360 (August 13, 2021, 5:52 PM EDT) — Real estate and technology business Divvy Homes said Friday it raised $200 million in a Series D funding round led by Tiger Global Management and Caffeinated Capital and hit a roughly $2 billion valuation.

The extra capital will aid the company, which provides a rent-to-own service in housing markets across the country, as it expands its reach and launches new partnership channels, according to a statement.

“Over the next 10 years, we believe Divvy Homes has the potential to help more than 100,000 families become financially responsible homeowners,” Scott Shleifer, a partner at Tiger Global, said in a statement.

Tiger Global led…

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