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Backflip is a fintech platform for real estate investors that provides fast, tailored loans and real-time deal analysis. Through its app, clients can quickly apply for funding, receive loan offers, and get instant property comparisons (comps) to evaluate opportunities on the go. Each borrower is paired with a loan expert who guides financing decisions and offers ongoing advisory throughout the loan term, adding a personal touch to lending. The product combines a streamlined loan process with AI-powered analysis to assess investment opportunities in seconds, helping entrepreneurs close deals faster. Compared with traditional lenders, Backflip differentiates itself through its real-time investment insights and dedicated advisory support, rather than just generic financing. The company aims to enable real estate investors to move quickly on promising deals, grow its client base, and increase market share by offering faster funding, tailored financing, and hands-on guidance.
Industries
Data & Analytics
Enterprise Software
Fintech
Financial Services
Company Size
51-200
Company Stage
Debt Financing
Total Funding
$334M
Headquarters
Bee Cave, Texas
Founded
2020
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Total Funding
$334M
Above
Industry Average
Funded Over
6 Rounds
Health Insurance
401(k) Company Match
Stock Options
Hybrid Work Options
Remote Work Options
Backflip, a real estate fintech platform, has closed its inaugural securitisation worth $100 million, marking a significant milestone for the company. The transaction, known as BFLIP 2025-RTL1, comprises $95 million in notes secured by residential transition loans. Founded in 2020, Backflip operates as a vertically integrated platform managing the entire loan lifecycle from origination through servicing. The securitisation includes three note classes that sold successfully to institutional investors, featuring a two-year revolving period expected to create approximately $300 million in additional lending capacity. Performance Trust Capital Partners served as sole structuring agent and bookrunner, with legal counsel from Mayer Brown. The company's asset management arm currently manages approximately $175 million in assets. The securitisation will diversify Backflip's funding sources and reduce its cost of capital, enabling expanded support for residential real estate investors.
/PRNewswire/ -- Backflip, a leading real estate FinTech platform transforming how investors access and deploy capital, today announced the closing of its...
Backflip, a real estate FinTech platform, announced its evolution into a tech-enabled asset manager with the formation of Backflip Asset Management, LLC, managing $175 million in assets. The company raised $10 million in corporate equity from existing investors. Jake Rome was promoted to CEO in July 2025. Backflip's origination subsidiary has funded $700 million in residential transition loans and launched a rental loan product. Richard Porteous was promoted to Chief Investment Officer.
Backflip raised a $30M Series A in 2024, led by ECMC Group, Setpoint, and Performance Trust. They are now opening a Community Round on Wefunder, allowing members to invest with a minimum of $100. Since launching in 2021, Backflip has grown rapidly, with 98,000+ real estate entrepreneurs joining, $4B+ in deal volume analyzed, and $184M+ in capital secured for members' projects.
There is a clear market need to support local real estate entrepreneurs with technology and capital products - Setpoint is enthused about partnering with Backflip and contributing to the solution.
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Industries
Data & Analytics
Enterprise Software
Fintech
Financial Services
Company Size
51-200
Company Stage
Debt Financing
Total Funding
$334M
Headquarters
Bee Cave, Texas
Founded
2020
Find jobs on Simplify and start your career today