Landis has raised $165 million in debt and Series A equity financing. Led by Sequoia Capital, the Series A round also included participation from Arrive, a Roc Nation company, Will Smith’s Dreamers VC, as well as existing investor Signia Venture Partners. The latest funding brings Landis’ total debt and equity raised to $182 million since the company’s launch.
The company’s technology aims to help residents save money and build a stronger financial foundation through homeownership. The company also helps real estate agents nationwide as the agents who refer clients to Landis represent Landis when the company buys a home for the client.
Roelof Botha, partner at Sequoia, said, “Landis helps families take their first steps towards homeownership. By focusing on financial literacy and individualized coaching, Landis gives everyone the opportunity to own their home. Landis’ technology is particularly relevant to those with low-to-moderate income who have been neg