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
August 13, 2021
Total raised $390M across 5 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-25-2026
Latest Round
Type
Series D
Date
August 13, 2021
Amount
$200M
Valuation
$2B
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| August 13, 2021 | Series D | $200M | $2B | Tiger Global Management, Caffeinated Capital |
| February 2, 2021 | Series C | $110M | $0.49B | Tiger Global Management |
| September 25, 2019 | Series B | $43M | — | Not disclosed |
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Valuation indexed to 1.0× at the selected entry round. Valuation marks are estimates and may contain errors. Hover each dot to compare.
Entry · Series C
$0.5B
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
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