Loft is a transactional marketplace for residential real estate that helps manage the home buying and selling process. 

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 by Mate Pencz, Florian Hagenbuch, Marcus Grigoletto, and João Vianna. The company is headquartered in 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. The platform has a searchable database that lets users find, browse, rate, and purchase domestic and commercial properties based on feedback and reviews from registered customers.

 

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 50,000 property listings in approximately 130 regions across São Paulo and Rio de Janeiro, partnering with more than 40,000 brokers.

 

Loft is backed by Andreessen Horowitz, D1 Capital, Baillie Gifford, Vulcan Capital, ADQ, Thrive Capital, QED Investors, Advent, Altimeter, DST, Citi Venture, Fifth Wall Ventures, Monashees, CPP IB, Valor Capital, and others. The company raised $100M in a new round on Aug 08, 2023. This brings Loft's total funding to $888M to date. Loft was valued at $2.9B after a financing raised in Apr 2021.

 

 

  • Year founded: 2018
  • Funding Info: $888M over 6 Rounds (Latest Funding Type: Venture- Series Unknown)
  • Yearly Revenue: $200M - $3200M (FY- 2023)
  • Employee Size: 1,001-5,000
  • Business Valuation: Valued at $2.9B as of April 22, 2021
  • City/Town: São Paulo
  • State: São Paulo
  • Country: Brazil
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