About Richmond American Homes
Richmond American Homes is a company based in Denver (United States) founded in 1972 by Larry Mizel was acquired by Sekisui House in January 2024.. The company has 1,760 employees as of December 31, 2023. Richmond American Homes offers products and services including New Homes and Warranty Services.
- Headquarter Denver, United States
- Employees 1760 as on 31 Dec, 2023
- Founders Larry Mizel
- Stage Public
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Email
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Phone
*********
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Website
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Social
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- Legal Name M.D.C. Holdings, Inc
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Annual Revenue
$830.06 M-68as on Dec 31, 2024
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Net Profit
$323.23 M-19as on Dec 31, 2024
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EBITDA
$1.09 B27as on Dec 31, 2024
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Latest Funding Round
$450 M (USD), Debt – Conventional
Dec 01, 2013
- Investors
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Employee Count
1760
as on Dec 31, 2023
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Acquired by
Sekisui House
(Jan 18, 2024)
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Products & Services of Richmond American Homes
Richmond American Homes offers a comprehensive portfolio of products and services, including New Homes and Warranty Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
New homes are constructed and offered for sale, focusing on quality designs and energy-efficient features to meet residential needs
Warranty services are provided to address maintenance and support for homes after purchase
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Sales and Marketing
61 people
Leadership Team
34 people
Software Development Team
23 people
Finance and Accounting
19 people
Operations Team
13 people
Senior Team
9 people
Construction Team
6 people
Human Resources and Administration
6 people
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Funding Insights of Richmond American Homes
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $450.0M
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First Round
First Round
(01 Dec 2013)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2013 | Amount | Debt – Conventional - Richmond American Homes | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Richmond American Homes
Richmond American Homes has secured backing from 1 investor. Prominent investors backing the company include Sekisui House. 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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Real estate development projects are managed and constructed globally.
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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 Richmond American 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 - Richmond American Homes
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Richmond American Homes Comparisons
Competitors of Richmond American Homes
| 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 Richmond American Homes
Frequently Asked Questions about Richmond American Homes
When was Richmond American Homes founded?
Richmond American Homes was founded in 1972 and raised its 1st funding round 41 years after it was founded.
Where is Richmond American Homes located?
Richmond American Homes is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.
Who is the current CEO of Richmond American Homes?
Larry Mizel is the current CEO of Richmond American Homes. They have also founded this company.
How many employees does Richmond American Homes have?
As of Dec 31, 2023, the latest employee count at Richmond American Homes is 1,760.
What is the annual revenue of Richmond American Homes?
Annual revenue of Richmond American Homes is $830.06M as on Dec 31, 2024.
What does Richmond American Homes do?
Founded in 1972 and headquartered in Denver, United States, Richmond American Homes operates in the residential construction sector. New single-family homes are built and marketed within planned communities across multiple regions. A variety of floor plans and customization options are provided, along with guidance during the purchasing and building phases. Emphasis is placed on sustainable development practices, and buyer resources are offered through a specialized support team.
What products or services does Richmond American Homes offer?
Richmond American Homes offers New Homes and Warranty Services.
Who are Richmond American Homes's investors?
Richmond American Homes has 1 investor. Key investors include Sekisui House.