$15 million was raised in Series A investment by Dallas, Texas-based Backflip, which offers financial and real estate technology platforms to real estate entrepreneurs.
FirstMark Capital was leading the round .
Josh Ernst serves as the company’s CEO. It provides financing solutions and specially designed technologies to find, evaluate, and fund residential real estate projects. The platform gives company owners access to data, technology, and finance options that let them grow their companies.
Investors who took part:
- The real estate business Crow Holdings
- Vertical Venture Partners
- LiveOak Venture Partners
- Revel Partners
- ECMC,
- angel investors Greg Waldorf, Rob Barber, and Gregg Freishtat
- CEOs and former board members at Zillow, Attom Data, and GreenSky
The money will be used by the business to increase operations and development initiatives.
Backflip has raised a total of $95 million in debt and equity with their latest financing round.
Regarding Backflip
A real estate finance technology startup called Backflip helps business owners buy and repair single-family houses, reviving the housing market and their communities in the process. Backflip is a one-stop shop that gives business owners access to data, technology, and funding options so they may grow their companies.
