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PropTech

Offerpad

Offerpad raises $250M PIPE at $1.3B valuation

$250M
Total Raised
PIPE
Latest Round
2015
Founded
1200+
Employees
2150 East Germann Road, Chandler, AZ 85286
Updated May 21, 2024
1 min read

Quick Facts

Valuation
$1.3B
Latest Round Size
$250M
Latest Round Date
May 2024

Offerpad: PIPE Funding Round

Offerpad has successfully raised $250M in PIPE funding, reaching a valuation of $1.3B.

Company Overview

iBuying real estate platform

Funding Details

The PIPE round was led by GEM Capital, with participation from AWM Investment Company.

Company Information

  • Headquarters: 2150 East Germann Road, Chandler, AZ 85286
  • Founded: 2015
  • Employees: 1200+
  • Category: PropTech

Investment

Offerpad plans to use the funds to accelerate product development, expand its team, and scale operations globally.

About the Investors

  • GEM Capital: Verified investor in PIPE
  • AWM Investment Company: Verified investor in PIPE

Key Investors

GEM Capital
Lead Investor
Verified investor in PIPE
AWM Investment Company
Investor
Verified investor in PIPE

Topics

verified(3079)real-funding(3079)offerpadproptechpipe2150-east-germann-road

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources

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