Stoa USA Inc., the company that launched the FlipOS platform for professional single-family home investors, announced it raised an additional $50 million equity round to finance expansion of its property technology.
The funding from Zeev Ventures allows FlipOS to accelerate its mission to close the housing gap in the United States. The team plans to partner with more real estate investors in existing and new markets and continue rapid development of the FlipOS platform. With a unique business model focused on partnerships with professional investors, and technology that streamlines every step of the process, FlipOS can purchase, renovate, and sell single-family homes up to four times faster than existing business models.
The raise will also create new jobs in FlipOS’ headquarters market of Phoenix. The company plans to empl