Orchard

Orchard, formerly known as Perch, is a platform for buying and selling homes. The platform is transforming the way people buy and sell their homes.

Orchard offers a modern alternative, making one of life's biggest decisions – the sale and purchase of a home – stress-free, fair, and simple.

Orchard was founded in 2017 by Court Cunningham and Phil DeGisi. The company is headquartered in New York City and offers its services in Colorado, Georgia, Texas, North Carolina, Maryland and Virginia.

 

Orchard pioneered the "buy before you sell" model in real estate with its Move First offering: after enabling the customer to move into their new home, Orchard sells their old home for top dollar.

 

Orchard's products and services have transformed the home buying and selling experience with AI-powered home search and a vertically-integrated platform with Orchard Home Loans, Orchard Title, and Orchard Insurance, offering an all-digital closing for customers.

 

Orchard has helped customers buy and sell billions of dollars worth of homes throughout its markets. The company currently serves more than 2,000 customers.

 

Orchard is backed by FirstMark, Accomplice, Navitas, Revolution Growth, First American, Juxtapose, and others. The company raised $100M in Series D round on Sep 09, 2021. This brings Orchard's total funding to $238M to date. The new round mints Orchard a unicorn with a valuation of over $1B post-money.

 

 

  • Year founded: 2017
  • Funding Info: $238M over 6 Rounds (Latest Funding Type: Series D)
  • Yearly Revenue: NA
  • Employee Size: 501-1,000
  • Business Valuation: Valued at over $1B as of Sep 09, 2021
  • City/Town: New York
  • State: New York
  • Country: United States
Related businesses