About Acre Homes
Acre Homes is a company based in Raleigh (United States) founded in 2021 by Irene Tollinger, Kent Kiersey, and Pete Crawford.. Acre Homes has raised $10 million across 1 funding round from investors including Duke University, Anthemis Group and Sovereign's Capital. The company has 11 employees as of December 31, 2024. Acre Homes operates in a competitive market with competitors including LoanSnap, ZeroDown, Kiavi, Landis and Certain Lending, among others.
- Headquarter Raleigh, United States
- Employees 11 as on 31 Dec, 2024
- Founders Irene Tollinger, Kent Kiersey, Pete Crawford
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Sectors
Real Estate & ConstructionFinancial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Acre Labs, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10 M (USD)
in 1 rounds
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Latest Funding Round
$10 M (USD), Seed
Dec 17, 2024
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Investors
Duke University
& 7 more
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Employee Count
11
as on Dec 31, 2024
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Funding Insights of Acre Homes
Acre Homes has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Seed round of $10 million completed in December 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $10.0M
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First Round
First Round
(17 Dec 2024)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2024 | Amount | Seed - Acre Homes | Valuation | Anthemis Group |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Acre Homes
Acre Homes has secured backing from 8 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Duke University, Anthemis Group and Sovereign's Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early and growth-stage startups are funded by Anthemis Group.
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Founded Year | Domain | Location | |
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Private equity investments in faith-driven public companies are managed.
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Founded Year | Domain | Location | |
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Early-stage tech investments are targeted in US, China, and Israel.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Acre Homes
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Acre Homes
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Acre Homes Comparisons
Competitors of Acre Homes
Acre Homes operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as LoanSnap, ZeroDown, Kiavi, Landis and Certain Lending, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online marketplace for residential & commercial mortgage loans
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| domain | founded_year | HQ Location |
A platform for listing rent-to-buy properties is provided to buyers.
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| domain | founded_year | HQ Location |
Residential and commercial mortgages are connected via an online marketplace.
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| domain | founded_year | HQ Location |
A rent-to-buy platform for residential properties is offered.
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| domain | founded_year | HQ Location |
Online P2P platform for real estate lending is facilitated.
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| domain | founded_year | HQ Location |
Rent-to-buy solutions for residential properties are facilitated.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Acre Homes
Frequently Asked Questions about Acre Homes
When was Acre Homes founded?
Acre Homes was founded in 2021 and raised its 1st funding round 3 years after it was founded.
Where is Acre Homes located?
Acre Homes is headquartered in Raleigh, United States. It is registered at Raleigh, North Carolina, United States.
Is Acre Homes a funded company?
Acre Homes is a funded company, having raised a total of $10M across 1 funding round to date. The company's 1st funding round was a Seed of $10M, raised on Dec 17, 2024.
How many employees does Acre Homes have?
As of Dec 31, 2024, the latest employee count at Acre Homes is 11.
What does Acre Homes do?
Acre Homes was established in 2021 in Raleigh, United States, within the real estate fintech sector. An online platform is operated to enable rent-to-buy arrangements for residential mortgages. Users are allowed to occupy properties without full initial payments, with ownership transferred at the market price upon term completion. Services focus on bridging rental and purchase pathways for home acquisition.
Who are the top competitors of Acre Homes?
Who are Acre Homes's investors?
Acre Homes has 8 investors. Key investors include Duke University, Anthemis Group, Sovereign's Capital, Studio VC, and HTV.