Withco

Withco

Lease-to-own commercial property for small businesses

Overview

Withco provides a lease-to-own platform that helps small business owners transition from renting to owning their commercial properties. The company purchases the building where a business operates and enters into a lease agreement that gives the tenant a clear path to eventual ownership without requiring a large immediate down payment. Unlike traditional real estate deals that require difficult bank financing upfront, Withco acts as a financial partner to bridge the gap between renting and buying. Their goal is to make property ownership accessible to local entrepreneurs to help them build long-term wealth and stay rooted in their communities.

Significant Headcount Growth

About Withco

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

Industries

Financial Services

Real Estate

Company Size

11-50

Company Stage

Early VC

Total Funding

$62.1M

Headquarters

New York City, New York

Founded

2019

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Simplify's Take

What believers are saying

  • Withco is hiring across engineering and data in New York in 2026.
  • The company still markets active partner stories, including restaurants and dealers nationwide.
  • Backers from 2022 supplied over $30 million, giving Withco runway and credibility.

What critics are saying

  • Withco has no public proof yet of converting tenants into owners.
  • Its model ties capital to illiquid buildings, forcing refinancing or exits after five years.
  • SBA qualification shrinks the customer pool; a frozen credit market breaks the ownership promise.

What makes Withco unique

  • Withco locks in small businesses with a five-year lease-to-own path to ownership.
  • It underwrites tenants for SBA readiness and targets single-tenant properties under $5 million.
  • Kevin Song built Withco in Brooklyn after his family lost a grocery store.

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Funding

Total Funding

$62.1M

Above

Industry Average

Funded Over

4 Rounds

Notable Investors:
Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Unlimited Paid Time Off

Remote Work Options

Parental Leave

401(k) Retirement Plan

Health Savings Account/Flexible Spending Account

Commuter Benefits

Growth & Insights and Company News

Headcount

6 month growth

7%

1 year growth

7%

2 year growth

0%
FinSMEs
Feb 3rd, 2022
withco Raises $30M+ in Equity Funding

withco, a NYC-based commercial property ownership platform for small businesses, raised over $30 million in equity funding

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