Truehold

Truehold

Real estate sale-leaseback provider for homeowners

Overview

Truehold provides a sale-leaseback service for homeowners. It buys a homeowner’s house at a competitive price and lets the former owner continue living there as a tenant. The homeowner receives upfront cash, gaining immediate liquidity, while Truehold collects monthly lease payments. Unlike loans or reverse mortgages, this does not add debt for the homeowner; instead, it converts home equity into cash and offers a flexible lease that can be short-term or long-term. The company’s revenue comes from the rent it charges. Truehold differentiates itself by offering liquidity without debt and offering flexible leases, rather than tying homeowners to ongoing loan payments. Its goal is to help homeowners access their home equity quickly and with financial flexibility, enabling them to meet life needs without the burden of new debt.

About Truehold

Simplify's Rating
Why Truehold is rated
C
Rated C on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

Financial Services

Real Estate

Company Size

51-200

Company Stage

Series B

Total Funding

$60M

Headquarters

New York City, New York

Founded

2021

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Simplify's Take

What believers are saying

  • Endpoint partnership streamlines closings in expanding markets like Florida and Ohio.
  • Sale-leasebacks fund aging adults' at-home care, unlocking over $200 million equity.
  • AI-powered offers enable 30-day transactions, relieving taxes and maintenance burdens.

What critics are saying

  • Tenant defaults by ex-owners cause evictions and vacancies within 6-12 months.
  • Rent escalations after 6-24 months trigger disputes and early terminations.
  • BBB complaints from September 2023 deals escalate lawsuits in 3-6 months.

What makes Truehold unique

  • Truehold buys homes outright and leases back, avoiding debt unlike reverse mortgages.
  • Offers delivered within 48 hours via realtor referrals for quick equity access.
  • Flexible 6-24 month minimum leases with lump-sum rent options for transitions.

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Funding

Total Funding

$60M

Above

Industry Average

Funded Over

2 Rounds

Notable Investors:
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
Above Average

Industry standards

$35M
$40M
Truehold
$45M
Linktree
$65M
Substack
$100M
ClickUp

Benefits

Health Insurance

401(k) Retirement Plan

Remote Work Options

Unlimited Paid Time Off

Flexible Work Hours

Paid Vacation

Stock Options

Wellness Program

Mental Health Support

Conference Attendance Budget

Professional Development Budget

Phone/Internet Stipend

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

1%
Truehold
May 10th, 2023
Truehold Partners with Endpoint to Streamline Home Closing Process | Truehold

As the leading provider of residential sale-leasebacks, Truehold has joined forces with Endpoint, its national digital title and escrow partner, to make the complex process of home closing easier for homeowners in Truehold's rapidly expanding markets.

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