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Foxen Closes $44 Million Series A Round To Fund Revolutionary Fintech Solutions In Real Estate

Jun 02, 2022•about 3 years ago

Amount Raised

$44 Million

Round Type

series a

Columbus

Description

Foxen, a market leader in financial technology solutions for the real estate industry, today announced a $44 million Series A financing led by growth equity investor Summit Partners, with participation from Level Equity. Foxen will use the funding to accelerate development of its expanding product portfolio and fuel hiring across the organization.

Company Information

Company

Foxen

Location

Columbus, Mississippi, United States

About

This funding comes at a point of strategic inflection for Foxen, as the company seeks to scale its team and operations to support new product growth. The firm has raised $3.0 billion in committed capital and has made over 90 investments since its inception. Foxen will use the funding to accelerate development of its expanding product portfolio and fuel hiring across the organization. This capital provides Foxen an opportunity to expand into a total addressable market of more than 24 million multifamily units in the U.S. alone.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech