Roofstock

Roofstock

Online marketplace for single-family rentals

About

Roofstock provides an online marketplace for investors to purchase single-family rental homes that are already leased, allowing them to earn passive income immediately. The platform simplifies real estate investing by offering a comprehensive suite of services, including property management and investment coaching, which is particularly beneficial for those who want to invest remotely. Roofstock stands out from competitors by enhancing liquidity in the traditionally illiquid real estate market and ensuring transparency through a rigorous property certification process. The company's goal is to make real estate investing accessible and straightforward for individual investors.

Company Stage

Series E

Employees

201-500

Industries

Financial Services, Real Estate

Total Funding

$361.4M

Headquarters

Oakland, California

Founded

2015


Simplify Jobs

Simplify's Take

What believers are saying

  • The merger with Mynd expands Roofstock's technology platform and market reach.
  • Roofstock's NFT property sales showcase innovation in digital real estate transactions.
  • Growing interest in tokenized real estate aligns with Roofstock's crypto-friendly initiatives.

What critics are saying

  • Integration challenges from the Mynd merger may disrupt operations and customer service.
  • Recent layoffs could impact Roofstock's service levels and innovation capacity.
  • NFT property sales may expose Roofstock to regulatory scrutiny and market volatility.

What makes Roofstock unique

  • Roofstock offers a unique marketplace for leased single-family rental homes.
  • The platform provides a 30-day money-back guarantee for certified properties.
  • Roofstock's merger with Mynd enhances its technology and property management capabilities.

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Growth & Insights
Headcount

6 month growth

10%

1 year growth

-5%

2 year growth

-27%

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