Ribbon Raises $150 Million to Expand Digital Homebuying Platform Nationally

14 Sep, 2021

Ribbon Raises $150 Million to Expand Digital Homebuying Platform Nationally
Photo by Vlad Hilitanu on Unsplash

– Ribbon, the homeownership company, announces today it has secured $150 million, inclusive of $75 million in Series C equity financing and $75 million in additional working capital.
– The Series C was led by Greenspring Associates, with participation from existing investors Greylock, Bain Capital Ventures, NFX, Nyca, Thomvest and Jake Seid.
– This investment will enable more than $10 billion in home transactions annually, and fuel Ribbon’s swift expansion into new states.

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