Point is a leading the anti-debt movement by helping homeowners unlock the equity in their homes without borrowing.
Point is the first FinTech platform where homeowners can sell equity in their homes, giving investors access to a new asset class – owner-occupied residential real estate.
Point was founded in 2015 by Eddie Lim and Eoin Matthews. The company is headquartered in Palo Alto, California.
Point now operates in cities across California, Colorado, Florida, Georgia, Illinois, Maryland, Massachusetts, New Jersey, New York, Oregon, Pennsylvania, Virginia, Washington and in the District of Columbia.
Point built up a portfolio of home equity investments that validated both the consumer need for this new product and the appetite that investors hold for this new asset class.
Point is backed by Andreessen Horowitz, Prudential Financial, Kingsbridge, Ribbit Capital, DAG Ventures, Greylock, Bloomberg Beta, Enterprise Community Partners, Financial Venture Studio, and others. The company raised $295.4M in equity and debt financing to date.