Foxen Closes $44 Million Series A Round To Fund Revolutionary Fintech Solutions In Real Estate
06/02/22, 7:00 AM
Location
Money raised
$44 million
Round Type
series a
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 Info
Location
columbus, mississippi, united states
Additional Info
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.