Overview

Landed helps essential professionals, especially educators, achieve homeownership by providing down payment assistance and homebuying support. Their main service is a shared equity down payment program that allows educators to reach a 20% down payment on a home without income restrictions, making it easier for them to buy homes. Landed partners with schools, real estate agents, and community organizations to offer free homebuying education, competitive property reviews, and personalized support from experts. Unlike other companies, Landed focuses specifically on educators and essential professionals, addressing their unique needs for affordable housing. The goal is to build financial security for educators and strengthen communities by enabling them to live near their workplaces.

Simplify's Take

What believers are saying

• Landed raised $31 million in Series B funding to expand its services.
• The rise of digital mortgage platforms aligns with Landed's tech-savvy educator clientele.
• Growing ESG investing trends provide more funding opportunities for mission-driven companies like Landed.

What critics are saying

• Rising interest rates could reduce demand for Landed's homeownership services.
• Increased competition from other proptech companies may erode Landed's market share.
• Potential regulatory changes could affect the viability of Landed's shared equity program.

What makes Landed unique

• Landed focuses on essential professionals, particularly educators, for homeownership assistance.
• The company offers a unique shared equity down payment program without income restrictions.
• Landed partners with educational institutions to extend its reach and impact.

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Funding

Total Funding

$56.7M

Meets

Industry Average

Funded Over

3 Rounds

Notable Investors:

Y Combinator

Notable Investors:

Y Combinator

$31,000,000

Series B

Sep 2021

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.

Series B Funding Comparison

Below Average

Industry standards

Ind Avg. $35M

$4M

$30M

$31M

$45M

$65M

$100M

View all funding stages