WCI Communities

Bonita Springs, United States Founded: 1996 • Age: 30 yrs Acquired By Lennar
Luxury residential communities are developed in the United States.
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About WCI Communities

WCI Communities is a company based in Bonita Springs (United States) founded in 1996 was acquired by Lennar in September 2016.. WCI Communities has raised $50 million across 4 funding rounds from investors including Citi, KeyBank and Deutsche Bank. The company has 841 employees as of December 31, 2015. WCI Communities offers products and services including New Homes, Active Adult Communities, and Townes. WCI Communities operates in a competitive market with competitors including City Developments, Century Communities, Bozzuto, Lennar and DR Horton, among others.

  • Headquarter Bonita Springs, United States
  • Employees 841 as on 31 Dec, 2015
  • Stage Public
  • Sectors
    Real Estate & Construction
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Wci Communities, Inc.
Operational Areas
Real Estate & Construction → Construction, Engineering & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $50 M (USD)

    in 4 rounds

  • Latest Funding Round
    $75 M (USD), Debt – Conventional

    Aug 27, 2013

  • Investors
    Citi

    & 17 more

  • Employee Count
    841

    as on Dec 31, 2015

  • Acquired by
    Lennar

    (Sep 22, 2016)

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Products & Services of WCI Communities

WCI Communities offers a comprehensive portfolio of products and services, including New Homes, Active Adult Communities, and Townes. 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

Builds and sells modern single-family residences

Develops housing for retirees with amenities

Offers attached homes in planned neighborhoods

People of WCI Communities
Headcount 1000-5000
Employee Profiles 29
Employee Profiles
People
Anne Lehotsky
Marketing Manager
People
Dorothy Iacadoro
Sales
People
Andrea Poulton
Community Representative
People
Letizia White
Senior Title Representative

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Funding Insights of WCI Communities

WCI Communities has successfully raised a total of $50M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $75 million completed in August 2013. 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 4
  • Last Round Debt – Conventional — $75.0M
  • First Round

    (19 Aug 2004)

  • Investors Count 17
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2013 Amount Debt – Conventional - WCI Communities Valuation

investors

Jun, 2012 Amount Private Equity Round - WCI Communities Valuation

investors

Jun, 2012 Amount Debt – Conventional - WCI Communities Valuation

investors

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 WCI Communities

WCI Communities has secured backing from 18 investors, including institutional and venture fund investors. Prominent investors backing the company include Citi, KeyBank and Deutsche Bank. 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
Monarch Alternative Capital is engaged in opportunistic credit and real estate investments.
Founded Year Domain Location
Diversified financial services are offered through commercial banking operations.
Founded Year Domain Location
Wealth management services are provided for personalized financial planning.
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 WCI Communities

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

Financial Statements - WCI Communities

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

Wci Communities Comparisons

Employees
+
Add Comparison
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Competitors of WCI Communities

WCI Communities 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 City Developments, Century Communities, Bozzuto, Lennar and DR Horton, 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
Real estate development and management services are provided globally.
domain founded_year HQ Location
Residential homes and communities are developed across the United States.
domain founded_year HQ Location
Luxury apartments are developed and managed across the United States.
domain founded_year HQ Location
Property developer focusing on multi family housing units
domain founded_year HQ Location
Residential property development services are offered nationwide in the US.
domain founded_year HQ Location
Real Estate Investment trust providing investment brokerage services.
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 Wci Communities

Real estate firm adds pair to leadership team
Businessobserverfl5 years ago
Builder plans new community, waterfront homes
Businessobserverfl7 years ago

Frequently Asked Questions about WCI Communities

When was WCI Communities founded?

WCI Communities was founded in 1996 and raised its 1st funding round 8 years after it was founded.

Where is WCI Communities located?

WCI Communities is headquartered in Bonita Springs, United States. It is registered at Bonita Springs, Florida, United States.

Who is the current CEO of WCI Communities?

Stuart Miller is the current CEO of WCI Communities.

Is WCI Communities a funded company?

WCI Communities is a funded company, having raised a total of $50M across 4 funding rounds to date. The company's 1st funding round was a Private Equity Round of $50M, raised on Aug 19, 2004.

How many employees does WCI Communities have?

As of Dec 31, 2015, the latest employee count at WCI Communities is 841.

What does WCI Communities do?

WCI Communities was founded in 1996 in Bonita Springs, United States, within the real estate sector. Emphasis is placed on developing luxury residential communities, with operations focused on planning, construction, and management of high-end properties. Services include community design and homebuilding tailored to upscale markets. Geographic activities are primarily conducted in Florida, under the leadership of CEO Stuart Miller.

Who are the top competitors of WCI Communities?

WCI Communities's top competitors include Marcus& Millichap, Howard Hughes and Bozzuto.

What products or services does WCI Communities offer?

WCI Communities offers New Homes, Active Adult Communities, and Townes.

Who are WCI Communities's investors?

WCI Communities has 18 investors. Key investors include Citi, KeyBank, Deutsche Bank, Bank of America, and First Citizens Bank.

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