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PropTech

Offerpad

Offerpad raises $250M PIPE at $1.3B valuation

2150 East Germann Road, Chandler, AZ 85286May 21, 20241 min read
Total Raised
$250M
Valuation
$1.3B
Latest Round
PIPE
Employees
1200+

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

Company Info

Headquarters
2150 East Germann Road, Chandler, AZ 85286
Founded
2015
Team Size
1200+
Last Round
$250M(May 2024)

Investors (2)

G
GEM CapitalLead
Lead Investor
Verified investor in PIPE
A
AWM Investment Company
Investor
Verified investor in PIPE

Topics

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

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