Home equity alternative Point raises $122M in new funding

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Homeownership investment company Point just landed a major cash infusion that will fund its plans to help more Americans access their home equity, raising $100 million in platform capital and.

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Palo Alto-based home equity fintech startup point on Wednesday announced the completion of a $122 million funding round, $22 million of which came from Series B funding led by Prudential Financial.

We benefitted from organic growth and same property leasing, additional home closings in the North American residential business, and improved earnings performance by companies within our private.

Palo Alto-based home equity fintech startup Point on Wednesday announced the completion of a $ 122 million funding round, $ 22 million of which came from Series B funding led by Prudential Financial and DAG Ventures and five other investors, including longtime backers Andreessen Horowitz, Ribbit Capital and Bloomberg Beta.

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Homeownership investment company Point raises $122 million – Homeownership investment company Point raises $122 million Homeownership investment company Point just landed a major cash infusion that will fund its plans to help more Americans access their home equity without incurring debt. The Silicon Valley company raised $100 million in platform capital from Kingsbridge Wealth Management – bringing its total platform capital to $265 [.]