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
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

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources