Divvy Homes operates a rent-to-own platform where it purchases homes and leases them to customers, with a portion of monthly rent applied toward building equity for homeownership within three years. Founded in 2016 and backed by prominent venture investors, the company was acquired by Brookfield Properties in January 2025.
Divvy has been acquired
This company is no longer available on our private secondary market.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2016
Total Funding
$390M
5 rounds
Latest Valuation
$2B
Aug 13, 2021
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Total raised $390M across 5 rounds
Last updated 06-25-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| Aug 13, 2021 | Series D Bloomberg | $200M | $2B | Tiger Global Management, Caffeinated Capital |
| Feb 2, 2021 | Series C TechCrunch | $110M | $0.49B | Tiger Global Management |
| Sep 25, 2019 | Series B | $43M | — | Not disclosed |
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Entry · Series C
$490M
Feb 2021
Divvy today
$2B
Aug 2021 · latest mark
Divvy multiple
4.1x
valuation uplift since first round
Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.
Adena Hefets
CEO & Co-founder
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Home Partners of America
Rent-to-own platform competing directly in the lease-purchase market
Landis
Rent-to-own and home affordability platform
ZeroDown
Alternative homeownership platform in the rent-to-own space
Opendoor
Digital real estate marketplace and instant home buyer
Roofstock
Marketplace for real estate investors in single-family rental properties
Access live market data
Sign UpData collected with AI, which can make mistakes. Please double-check this information.