Point Funding, Investors & Competitors

Point has raised $149M across 4 funding rounds, most recently a $115M Series C in May 2022.

See full Point profile

Last Point funding round

$115M

Series C · May 2022

Cumulative funding Point raised

$149M

across 4 funding rounds

Key investors in Point

  • Andreessen Horowitz
  • Bloomberg Beta
  • Ribbit Capital
  • DAG Ventures
  • SV Angel
  • Inovia Capital
  • Alpaca VC
  • Montage Ventures

Point Overview

About Point

Point is a San Francisco-headquartered home equity investment platform enabling homeowners to access non-recourse capital in exchange for a fractional share of future home appreciation. Launched in 2015, the company has funded over $1 billion in investments for 10,000 homeowners, partnering with institutional investors for deals averaging $50,000 to $500,000. Its agreements feature no monthly payments or credit checks, targeting debt consolidation and life events in markets like California, Florida, and New York.


Founded

2015

HQ

United StatesSan Francisco, CA

Website

point.com

Status

Privately held

Customer focus

B2C

Revenue model

Investment management

Point Funding History

Point has raised a total of $149M across 4 funding rounds.

Point's first fundraising round was a $3M seed round in January 2015. The most recent completed round was a $115M Series C in May 2022.

Point funding rounds

Point funding rounds
DateStageInvestorsRaisedDeal Summary
May 2022Series CWestcap (lead); The Palisades Group; Alpaca VC; Redwood Trust; Atalaya Capital; Andreessen Horowitz; Ribbit Capital; Deer Park Road; DAG Ventures$115M-
Mar 2019Series BDAG Ventures (lead); Prudential (lead); Enterprise Community Investment; Bloomberg Beta; Andreessen Horowitz; Ribbit Capital; Inovia Capital; Restive$22MPoint is a homeownership investment company that provides homeowners with debt-free access to their home equity by connecting them with investors who purchase a portion of the home's equity, typically 5-20% of the appraised value. Homeowners can sell back or repay the investment at any time, with Point sharing losses if the home depreciates. This positions Point as an alternative to home equity loans and cash-out refinances. Founded in 2015, the company had expanded to 13 states and Washington, D.C., by 2019 after securing a $150 million platform capital investment from Atalaya Capital Management in 2018. On March 20, 2019, Point announced $122 million in new financing, comprising a $22 million Series B equity round led by DAG Ventures and Prudential Financial, with participation from Andreessen Horowitz, Bloomberg Beta, Enterprise Community Partners, Inovia Capital, Restive, and Ribbit Capital, alongside $100 million in platform capital from Kingsbridge Wealth Management. The Series B investors, particularly Prudential and Enterprise Community Partners, were drawn to Point's solutions for affordable housing challenges and supporting first-time homebuyers in difficult markets. The new capital was earmarked for expansion into over 30 states by the end of 2020 and to fund more than 1,000 homeowners in the coming year. Point reported significant consumer demand for its equity investment solution, highlighting the emergence of aligned financial products for homeowners. CEO Eddie Lim noted growing interest from consumers seeking alternatives to traditional equity access methods. DAG Ventures, a repeat investor through founder Eddie Lim's prior company Trialpay (acquired by Visa in 2015), joined alongside other prominent firms with portfolios in fintech and community-focused ventures like Branch, Mint.com, Nextdoor, Oportun, WeWork, and Wealthfront. Prudential emphasized the investment as part of its commitment to consumer financial security amid debt burdens.
Sep 2016Series AAndreessen Horowitz (lead); Lee Linden; To Kenz Capital; Jared Morgenstern; Bloomberg Beta; Matt Humphrey; Laurence A. Tosi; COIND; Buck Stash; Vikram Pandit; Brad Greiwe$9M-
Jan 2015SeedSV Angel; Montage Ventures; Nimble Ventures$3M-

Who has invested in Point?

26 investors have backed Point across its funding rounds, including Andreessen Horowitz, Bloomberg Beta, Ribbit Capital, DAG Ventures, SV Angel and Inovia Capital.

Lead investors include Westcap, DAG Ventures, Prudential and Andreessen Horowitz.


Point Investors

Investors in Point by funding rounds participated
InvestorHQRoundsRoleFirst check
Andreessen HorowitzUnited StatesSan Francisco, CA3LeadSep 2016
Bloomberg BetaUnited StatesSan Francisco, CA2ParticipantSep 2016
Ribbit CapitalUnited StatesSan Francisco, CA2ParticipantMar 2019
DAG VenturesUnited StatesSan Francisco, CA2LeadMar 2019
Lee LindenUnited StatesNew York City, NY1ParticipantSep 2016
To Kenz CapitalUnited StatesNew York City, NY1ParticipantSep 2016
The Palisades GroupUnited StatesLos Angeles, CA1ParticipantMay 2022
SV AngelUnited StatesSan Francisco, CA1ParticipantJan 2015
Jared MorgensternUnited StatesSan Francisco, CA1ParticipantSep 2016
Enterprise Community InvestmentUnited StatesBaltimore, MD1ParticipantMar 2019
Alpaca VCUnited StatesNew York City, NY1ParticipantMay 2022
Redwood TrustUnited StatesSan Francisco, CA1ParticipantMay 2022
Atalaya CapitalUnited StatesNew York City, NY1ParticipantMay 2022

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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Point Competitors

Point competitors include listed companies like Piramal Finance, Ellington Financial, Enity Holding and Eqdom, and private ones like JD Digits and CREED.

Public and private companies comparable to Point
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Piramal FinanceIndiaIndiaPublicly listed$1.1B$179M$5.6B18.9x
Ellington FinancialUnited StatesUnited StatesPublicly listed$641M-$1.6B43.2x
Enity HoldingSwedenSwedenPublicly listed$133M-$388M6.7x
EqdomMoroccoMoroccoPublicly listed$207M-$261M-
JD DigitsChinaBeijingPrivate--$18B-
CREEDUnited StatesNew York City, NYPrivate--$6.4B-
Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Brookfield$75B$32B6.1x59.5x14.4x64.8x
Brookfield Asset Management$4.6B$3.2B17.6x13.6x25.1x24.6x
Bajaj Finance$5.2B$2.7B19.8x16.6x37.3x29.7x
Tata Capital$3.1B$759M12.2x20.8x49.8x-
Mitsubishi HC Capital$14B$4.2B5.0x5.0x17.2x20.9x
Muthoot Finance$2.1B$1.4B12.3x13.5x19.1x18.4x
American Healthcare REIT$2.3B$360M5.8x4.9x36.3x27.5x
Aditya Birla Capital$4.8B$1.8B6.2x29.8x16.5x40.5x

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Common questions about Point

When was Point founded?Point was founded in 2015.
Where is Point headquartered?Point is headquartered in San Francisco, CA, United States.
Is Point publicly listed?No, Point is a private, VC-backed company.
How much funding has Point raised?Point has raised $149M across 4 funding rounds.
What was Point's last funding round?Point's last funding round was a $115M Series C in May 2022, led by Westcap.
Who are Point's investors?Point's investors include Andreessen Horowitz, Bloomberg Beta, Ribbit Capital, DAG Ventures, Lee Linden, To Kenz Capital, The Palisades Group, SV Angel, Jared Morgenstern, Enterprise Community Investment and 16 others.
Which companies are comparable to Point?Companies comparable to Point include Piramal Finance, Ellington Financial, Enity Holding, Eqdom, JD Digits and CREED.

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