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Overview
Landis buys a home for renters and rents it to them until they are ready to buy it back. It operates in Alabama, Florida, Georgia, Indiana, Kentucky, North Carolina, Ohio, and Tennessee. Unlike standard leases or traditional mortgages, Landis also provides coaching to help clients build credit and save for a down payment during the rental period. The goal is to make the path from renting to owning a home clear and achievable by pairing a home purchase with financial coaching.
About Landis
Industries
Financial Services
Real Estate
Company Size
51-200
Company Stage
Series B
Total Funding
$222M
Headquarters
New York City, New York
Founded
2018
Simplify's Take
What believers are saying
- Shanna Cooke from Invitation Homes joined as Head of Real Estate in 2023.
- Raised $40M Series B led by GV and Sequoia, allocating $2M to coaching.
- Partnered with Boom for rent reporting to boost client credit building.
What critics are saying
- Florida and Georgia attorneys general scrutinize rent-to-own for predatory practices.
- Divvy Homes displaces with 3-year windows and lower barriers.
- Appraisal gaps force Landis losses if markets drop 10-15% in 12 months.
What makes Landis unique
- Landis buys dream homes and rents them back while coaching credit and savings.
- Targets $160,000+ homes for clients with 680 FICO and $5,000 monthly income.
- Operates in Alabama, Florida, Georgia, Indiana, Kentucky, North Carolina, Ohio, Tennessee.
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Funding
Total Funding
$222M
Above
Industry Average
Funded Over
4 Rounds
Industry standards
Benefits
Medical, dental, & vision coverage
Equity
Unlimited & flexible PTO
Paid family leave
Commuter benefits
Personal growth
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↓ -3%In an effort to expand their coaching resources, Landis has chosen to partner with Boom for its rent reporting service of choice to equip their clients with an easy tool to build their credit.
NEW YORK--(BUSINESS WIRE)--Landis, the leading platform paving the way for renters to become homeowners, announced that Shanna Cooke has joined the firm as Head of Real Estate. With over 20 years of extensive experience in residential real estate, Shanna is set to play a key role in steering Landis towards continued growth and success. In her role as Head of Real Estate, Shanna Cooke will lead the strategic management of portfolios, ensuring operational excellence and financial success for Landis. Her proven track record in residential real estate, especially as the former Vice President of Operations at Invitation Homes, the largest single-family rental platform in the US, aligns perfectly with Landis's vision for growth. Over the past decade, Shanna held various positions at Invitation Homes, where she advanced to Vice President of Operations, overseeing a portfolio of 12,000 homes
Landis announces Shanna Cooke as new Head of Real Estate.
Landis, and Divvy Homes, have raised tens of millions of dollars in funding over the last year.
With Fire Prevention Week on the horizon, the China Grove and Landis fire departments are partnering with State Farm to remind residents that "Cooking safety starts with you.
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About Landis
Industries
Financial Services
Real Estate
Company Size
51-200
Company Stage
Series B
Total Funding
$222M
Headquarters
New York City, New York
Founded
2018
There are no jobs for Landis right now.
Find jobs on Simplify and start your career today