Roofstock

wealthtech-retailother investments platform

FOUNDING YEAR: 2015
LOCATION: United States
Last Update: 19/01/2021

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About

Roofstock is building the worlds leading real estate investment marketplace. Our mission is to make ownership of investment real estate radically accessible, cost-effective and simple.Our platform lets everyone from first-time investors to global asset managers evaluate, purchase and own residential investment properties with confidence from anywhere in the world. Since launch, weve surpassed $2 billion in transactions and continue to disrupt the industry with cutting edge technology and innovations.At Roofstock, we are leveling the playing field by combining the smartest people in the business with the power of artificial intelligence and the efficiencies of institutional scale. Were building a vibrant, proactive and cost-effective marketplace for real estate investing where the transparency of information is only matched by the ease of transaction.It's a new model where everyone can participate, from anywhere, at any time. Because we believe that building wealth through real estate should be nothing short of radically simple.

MEDICI Analysis

Roofstock is an online marketplace which helps users to invest in leased single-family rental homes that generate cash flow. The platform has been created by investors for investors and also provides the facility of research, analytics, and insights to evaluate and purchase independently certified properties. Recently, Roofstock was selected for the 2019 Forbes FinTech 50 startups list.

Focus

PRODUCTS & SERVICES

The online platform helps domestic and overseas investors to browse through properties listed on its platform, gain information such as location, pricing, & information about the current lease agreement along with tenant history and estimated returns. They can also make an offer for the property of their choice by initiating an online communication with the seller and paying a marketplace fee to the company.

MAIN CLIENTS

Retail and real estate buyers.

Traction

VALUATION / MARKET CAP:

$275 M in 2018

VALUATION COMMENT:

Third-party news sources reported that the company's valuation is at $275 million. (Jan. 2018)

COMPANY TYPE:

For Profit

TRANSACTIONS COMMENT:

The company has processed property sale transactions worth of more than $1 billion to date. (Feb. 2019)

Momentum

FUNDED

YES

NUMBER OF FUNDING ROUNDS

5

TOTAL FUNDING

$91 M

DATE OF LAST FUNDING

Jan 2020

IPO STATUS

Private

TOTAL FUNDING COMMENT

The company will use the funds to grow its team and expand into new markets in the United States. (Jan. 2018)

ESTIMETED REVENUE RANGE

$1M to $10M

FUNDING SERIES

SERIES A  · $7 M  · Mar 2016

SERIES B  · $20 M  · Nov 2016

SERIES C  · $7 M  · Jan 2018

SERIES D  · $50 M  · Jan 2020

OTHERS  · $7 M · Dec 2015

LISTED

NO

company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

201,686

AVERAGE VISITS (6 MONTHS)

237,488.68

MONTHLY VISITS GROWTH

9.48%

VISIT DURATION

216

VISIT DURATION GROWTH

-7.67%

PAGE VIEWS VISIT

4.55

PAGE VIEWS VISIT GROWTH

13.83%

BOUNCE RATE

54.59%

BOUNCE RATE GROWTH

-1.07%

GLOBAL TRAFFIC RANK

148,805

MONTHLY RANK CHANGE

-46,475

MONTHLY RANK GROWTH

-23.8%

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