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Orchard Raises $100 Million Series D, Achieves Unicorn Status

Sep 09, 2021•almost 4 years ago

Round Type

series d

Description

Orchard, the company that is radically simplifying home buying and selling, announced today that it has raised $100 million in Series D funding at over a $1 billion valuation, propelling the company to unicorn status. The round was preempted by its lead investors following a year of 3x growth for the company. Accomplice led the round with participation from repeat investors FirstMark, Revolution, First American, Juxtapose and a syndicate of new investors.

Company Information

Company

Orchard

About

Orchard is radically simplifying the home buying and selling experience from search to close. Traditionally, homeowners looking to purchase their next home face a stressful and uncertain process—they have to either sell their old home first and move twice or buy as a contingent buyer and risk not getting their dream home. Orchard pioneered the "buy before you sell" model in real estate with its Move First offering: after enabling the customer to move into their new home, Orchard sells their old home for top dollar. Orchard's products and services have transformed the home buying and selling experience with AI-powered home search and a vertically-integrated platform with Orchard Home Loans, Orchard Title, and Orchard Insurance, offering an all-digital closing for customers. Orchard is headquartered in New York City and offers its services in Colorado, Georgia, Texas, North Carolina, Maryland and Virginia.