Loft is a digital platform that uses technology to simplify the sale and purchase of real estate.

Loft is reinventing the process of buying and selling real estate in Brazil by leveraging technology and data to transform painful and bureaucratic processes into simple and delightful experiences.

Loft was founded in 2018 and is based in São Paulo, São Paulo, Brazil.

 

Loft has set out to serve as a “one-stop shop” for Brazilians to help them manage the home buying and selling process. Loft is driven by the enormous challenge of transforming one of the largest and least efficient industries, positively impacting real estate owners, brokers and buyers.

Loft has reshaped the process of selling apartments in consolidated neighborhoods through a more pleasant and simple shopping experience. The company develop projects that meet the current needs of consumers.

Loft actively maintains more than 13,000 property listings in approximately 130 regions across São Paulo and Rio de Janeiro, partnering with more than 30,000 brokers.

 

Loft is backed by Andreessen Horowitz, D1 Capital Partners, Baillie Gifford, Vulcan Capital, Thrive Capital, QED Investors, Advent, Fifth Wall Ventures, Valor Capital, Monashees and others. The company raised a new $100M in financing on Apr 22, 2021. This brings Loft's total funding to $788M to date. The latest round pushed the company's valuation to $2.9B, Loft was previously valued at $2.2B from its Series D raised in Mar 2021.

 

 

  • Year founded: 2018
  • Funding Info: $788M over 5 Rounds (Latest Funding Type: Venture- Series Unknown)
  • Yearly Revenue: $200M-3200M (2020)
  • Employee Size: 501-1,000
  • Business Valuation: Valued at $2.9B as of April 22, 2021
  • City/Town: São Paulo
  • State: Sao Paulo
  • Country: Brazil
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