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- Unison
Unison Funding, Investors & Competitors
Unison has raised $250M across 2 funding rounds, most recently a $210M undisclosed-stage round in June 2021.
Last Unison funding round
$210M
Undisclosed stage · Jun 2021
Cumulative funding Unison raised
$250M
across 2 funding rounds
Key investors in Unison
F-Prime
Citi Ventures
Thirdstream Partners
RBC Capital
About Unison
Unison is a San Francisco-headquartered fintech firm founded in 2004 that provides home equity agreements as an alternative to traditional mortgages. Homeowners receive cash upfront in exchange for a share of future home appreciation, avoiding monthly payments and interest charges. The company operates in states including California, Florida, Texas, and Washington, partnering with lenders such as Rocket Mortgage and Guaranteed Rate. Unison manages equity-sharing contracts across residential properties and offers tools for real estate investors to diversify portfolios without debt.
Founded
2004
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Product sales
Unison Funding History
Unison has raised a total of $250M across 2 funding rounds.
Unison's first fundraising round was a $40M Series B in June 2018. The most recent completed round was a $210M undisclosed-stage round in June 2021.
Unison funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Jun 2021 | Undisclosed stage | - | $210M | Unison is a San Francisco-based homeownership and investment company pioneering home co-investments, allowing homeowners to access equity without monthly payments or interest, reducing debt and enhancing affordability. The company shares in home price appreciation instead of charging interest, targeting both consumers and institutional investors seeking exposure to owner-occupied residential real estate (OOR), valued at over $160TN globally with diversification benefits and inflation-hedging properties. On June 23, 2021, Unison secured $210 million in a Series C funding round (referred to as Series Unknown in some sources) to fund new home co-investments amid rising home prices and record equity accumulation. This capital infusion reflects strong institutional investor appetite for OOR as a low-correlation asset class. Previous rounds included a $40M Series B in June 2018 led by F-Prime Capital with participation from Citi Ventures and Royal Bank of Canada, used for growth, operations, and platform advancement. Total funding across rounds reached approximately $255.6M to $693M depending on sources, with a later $443M debt financing in February 2022 for liquidity and co-investments. Unison reported achievements like 10x loan origination growth in Q1 2018 and expansion to 22 states by 2018. Investors benefit from OOR's risk-adjusted returns, while homeowners avoid debt for financial needs. |
| Jun 2018 | Series B | F-Prime (lead); Thirdstream Partners; RBC Capital; Citi Ventures | $40M | Unison is a California-based homeownership and investment platform that provides co-investment capital to homebuyers. The company invests alongside consumers by contributing approximately half of the down payment, giving homeowners greater purchasing power and lower monthly mortgage payments. Unison deploys between $7,000 and $75,000 per home investment and retains an equity stake in the property, earning returns upon sale within a typical 30-year period. Homeowners have the option to buy out Unison's stake after three years. In June 2018, Unison closed a $40 million Series B financing round led by F-Prime Capital, with participation from Citi Ventures and Royal Bank of Canada. The proceeds were allocated to fuel growth, build brand awareness, expand business operations, hire talent, and advance the platform's technology. At the time of the Series B close, Unison had achieved a 1,000 percent increase in loan originations in Q1 2018 year-over-year and had expanded its service availability to 22 states. The company had previously reported raising tens of millions in operating capital and securing investment mandates totaling several billion dollars, though the specific post-money valuation for the Series B round was not publicly disclosed. |
Who has invested in Unison?
4 investors have backed Unison across its funding rounds, including F-Prime, Citi Ventures, Thirdstream Partners and RBC Capital.
Lead investors include F-Prime.
Unison Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Participant | Jun 2018 | ||
| 1 | Participant | Jun 2018 | ||
This data is available for Pro users. Sign up to see all 4 Unison investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialUnison Competitors
Unison competitors include listed companies like Piramal Finance, Ellington Financial, Enity Holding and Eqdom, and private ones like JD Digits and CREED.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $1.1B | $179M | $5.6B | 18.9x | ||
| Publicly listed | $641M | - | $1.6B | 43.2x | ||
| Publicly listed | $133M | - | $388M | 6.7x | ||
| Publicly listed | $207M | - | $261M | - | ||
| Private | - | - | $18B | - | ||
| Private | - | - | $6.4B | - |
Unison Public Comps
Unison is still privately-owned, but its public comps include Brookfield, Brookfield Asset Management, Bajaj Finance, Tata Capital, Mitsubishi HC Capital, Muthoot Finance, American Healthcare REIT, Aditya Birla Capital, Charter Hall Group and Chailease Holding.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $75B | $32B | 6.1x | 59.5x | 14.4x | 64.8x | |||
| $4.6B | $3.2B | 17.6x | 13.6x | 25.1x | 24.6x | |||
| $5.2B | $2.7B | 19.8x | 16.6x | 37.3x | 29.7x | |||
| $3.1B | $759M | 12.2x | 20.8x | 49.8x | - | |||
| $14B | $4.2B | 5.0x | 5.0x | 17.2x | 20.9x | |||
| $2.1B | $1.4B | 12.3x | 13.5x | 19.1x | 18.4x | |||
| $2.3B | $360M | 5.8x | 4.9x | 36.3x | 27.5x | |||
| $4.8B | $1.8B | 6.2x | 29.8x | 16.5x | 40.5x | |||
This data is available for Pro users. Sign up to see all Unison competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Unison
| When was Unison founded? | Unison was founded in 2004. |
| Where is Unison headquartered? | Unison is headquartered in San Francisco, CA, United States. |
| Is Unison publicly listed? | No, Unison is a private, VC-backed company. |
| How much funding has Unison raised? | Unison has raised $250M across 2 funding rounds. |
| What was Unison's last funding round? | Unison's last funding round was a $210M undisclosed-stage round in June 2021. |
| Who are Unison's investors? | Unison's investors include Thirdstream Partners, RBC Capital, F-Prime and Citi Ventures. |
| Which companies are comparable to Unison? | Companies comparable to Unison include Piramal Finance, Ellington Financial, Enity Holding, Eqdom, JD Digits and CREED. |
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