Ribbon

Ribbon is a technology-enabled homeownership company on a mission to make homeownership achievable.

Ribbon is where real estate professionals go to write and manage all their offers.

Ribbon was founded in 2017 by Shaival Shah and Wei Gan. The company is headquartered in New York, with an office in Charlotte, North Carolina.

 

Ribbon's homeownership platform allows real estate agents and lenders the ability to easily design winning cash offers, empowering their everyday homebuyers -- while providing sellers with the certainty and speed of a guaranteed, on-time closing.

 

Ribbon allows everyday families to compete on a level playing field with high net worth individuals and institutional buyers by upgrading their offers to winning RibbonCash Offers.

 

Ribbon has a network of 20,000 agents and loan officers creating $600M in home offers a month. The platform is used by over 100 brokerage and lender partners.

 

Ribbon is backed by Greenspring Associates, Greylock, Bain Capital Ventures, NFX, Nyca, Thomvest, First American Financial, Waterfall Asset Management, and others. The company secured $150M inclusive of $75M in Series C equity and $75M in additional working capital on Sep 14, 2021. This brings Ribbon's total funding to $905M to date.

 

 

  • Year founded: 2017
  • Funding Info: $905M over 5 Rounds (Latest Funding Type: Series C)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: New York City
  • State: New York
  • Country: United States
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