Roofstock is a provider of a real estate marketplace and transaction platform. The company operates an online marketplace and community created exclusively for investing in leased Single-Family Rental homes that generate cash flow from day one.
Roofstock provides research, analytics and insights to evaluate and purchase independently certified properties at set prices. It offers all of the resources for investors to buy, own and sell real estate online, including data analytics, property management oversight and other tools.
Roofstock was founded in 2015 by Gary Beasley, Gregor Watson, and Rich Ford. The company is based in Oakland, California, with an office in Dallas, Texas.
Roofstock’s transparent, innovative marketplace empowers everyday investors to own cash-flowing SFRs, diversify their investment portfolios and build long-term wealth through real estate. In 2018, Roofstock reached a milestone with $1 billion in transactions closed on its marketplace and continues to expand its footprint, now offering SFRs for sale in 25 markets nationwide.
Roofstock is backed by SVB Capital, Citi Ventures, Fort Ross Ventures, Khosla Ventures, Bain Capital Ventures, Lightspeed Venture Partners and others. The company raised $50M in a Series D financing on Jan 08, 2020. This new round brings Roofstock's total funding to $132.3M to date.