Roofstock

Oakland, United States Founded: 2015 • Age: 11 yrs
Real estate investments are enabled via an online marketplace platform.
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About Roofstock

Roofstock is a company based in Oakland (United States) founded in 2015.. Roofstock has raised $373.25 million across 8 funding rounds from investors including DoorDash, SVB and First American. The company has 174 employees as of December 31, 2022. Roofstock has completed 5 acquisitions, including Mynd, Mynd and Mynd. Roofstock offers products and services including Acquisitions, Property Management, Asset Management, and Dispositions. Roofstock operates in a competitive market with competitors including Realty Mogul, Ten-X, Cadre, WealthPark and Doorvest, among others.

  • Headquarter Oakland, United States
  • Employees 174 as on 31 Dec, 2022
  • Stage Unicorn
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Roofstock, Inc.
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $373.25 M (USD)

    in 8 rounds

  • Latest Funding Round
    $240 M (USD), Series E

    Mar 10, 2022

  • Investors
    DoorDash

    & 25 more

  • Employee Count
    174

    as on Dec 31, 2022

  • Investments & Acquisitions
    Mynd

    & 4 more

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Products & Services of Roofstock

Roofstock offers a comprehensive portfolio of products and services, including Acquisitions, Property Management, Asset Management, and Dispositions. 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.

Primary

Service for portfolio building with expert analysis and underwriting.

Oversight for improved financial performance and operations.

Reporting and forecasting for property operations.

Data-driven support for property sales.

People of Roofstock
Headcount 200-500
Employee Profiles 62
Board Members and Advisors 8
Employee Profiles
People
Rich Ford
Chief Development Officer & Co-Founder
People
Gary Beasley
CEO & Co-Founder
People
Garret Albert
Advisor
People
Nicolás Salvia
BI Senior Engineer

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Board Members and Advisors
people
Will Kohler
Director
people
David Weiden
Director
people
Matt Harris
Director
people
Gregor Watson
Chairman & Co-Founder

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Funding Insights of Roofstock

Roofstock has successfully raised a total of $373.25M across 8 strategic funding rounds. The most recent funding activity was a Series E round of $240 million completed in March 2022. 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 Rounds 8
  • Last Round Series E — $240.0M
  • First Round

    (24 Jul 2015)

  • Investors Count 26
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2022 Amount Series E - Roofstock Valuation SoftBank Vision Fund
Mar, 2021 Amount Series D - Roofstock Valuation JLL Technologies
Jan, 2020 Amount Series D - Roofstock Valuation SVB
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Roofstock

Roofstock has secured backing from 26 investors, including venture fund and institutional investors. Prominent investors backing the company include DoorDash, SVB and First American. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital investments in technology and startups.
Founded Year Domain Location
Early-stage startups are funded by this venture capital firm.
Founded Year Domain Location
Venture capital fund focused on investing in multiple sectors
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Roofstock

Roofstock has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Mynd, Mynd and Mynd. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Tech-enabled property management and real estate investment services are provided.
2017
Online brokerage services for residential property rentals are provided.
2016
Tech-enabled property management and real estate investment services are provided by Mynd.
2016
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Roofstock

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Roofstock Comparisons

Employees
+
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Competitors of Roofstock

Roofstock 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 Realty Mogul, Ten-X, Cadre, WealthPark and Doorvest, 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 real estate equity and debt crowdfunding platform is operated.
domain founded_year HQ Location
Commercial properties are discovered and traded via online platforms.
domain founded_year HQ Location
Institutional real estate opportunities are accessed via a digital platform.
domain founded_year HQ Location
Real estate investment enabled via app-based platform.
domain founded_year HQ Location
Investment platform focused on real estate projects
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Roofstock

Frequently Asked Questions about Roofstock

When was Roofstock founded?

Roofstock was founded in 2015.

Where is Roofstock located?

Roofstock is headquartered in Oakland, United States. It is registered at Oakland, California, United States.

Is Roofstock a funded company?

Roofstock is a funded company, having raised a total of $373.25M across 8 funding rounds to date. The company's 1st funding round was a Series D of $50M, raised on Jul 24, 2015.

How many employees does Roofstock have?

As of Dec 31, 2022, the latest employee count at Roofstock is 174.

What does Roofstock do?

Roofstock was founded in 2015 in Oakland, United States, operating in the real estate investment sector. An online platform is provided for users to purchase and sell whole or fractional shares of residential investment properties. Tools for portfolio management, investor connections, negotiations, deal handling, and support services are offered to global asset managers evaluating and owning such properties.

Who are the top competitors of Roofstock?

Roofstock's top competitors include Cadre, Arrived and Ten-X.

What products or services does Roofstock offer?

Roofstock offers Acquisitions, Property Management, Asset Management, and Dispositions.

How many acquisitions has Roofstock made?

Roofstock has made 5 acquisitions, including Mynd, Mynd, and Mynd.

Who are Roofstock's investors?

Roofstock has 26 investors. Key investors include DoorDash, SVB, First American, Lightspeed Venture Partners, and Khosla Ventures.

What is Roofstock's valuation?

The valuation of Roofstock is $1.94B as of Mar 2022.

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