Ribbon Home

Tech-based real estate platform

Ribbon Home logo
201-500 employees
  • Fintech
  • B2C
  • B2B
  • Real Estate
Midtown Manhattan, New York, NY

Company mission

To make homeownership achievable.

Top investors

194% employee growth in 12 months

Our take

Homebuyers will know the frustration and cost involved when a real estate deal fails to close – and this is the problem that Ribbon is out to solve. The platform brings technology to the home buying experience, which helps speed up the process as well as bring more certainty to customers.

One way the company achieves such certainty is through its offer of guaranteed closing. If a homebuyer fails to close with a mortgage on time, Ribbon buys and reserves the home on behalf of the homebuyer and leases it to them for up to six months.

Ribbon, which saw 15x growth in 2021, has raised over $400M in equity funding, which will enable more than $10B in home transactions annually whilst accelerating the company's expansion across US states.

Freddie headshot

Freddie

Company Specialist at Welcome to the Jungle

Benefits

  • 401(k)
  • Health, dental, and vision insurance
  • Flexible, unlimited vacation
  • Fully paid parental leave
  • Regular team lunches
  • Health + wellness stipend
  • Company-sponsored TalkSpace membership
  • Commuter benefits
  • FSA + HSA
  • Learning + development stipend
  • Meaningful equity in the company

Funding (last 2 of 3 rounds)

Sep 2021

$75m

SERIES C

Oct 2019

$30m

SERIES B

Total funding: $330m

This company has top investors

Leadership

Wei Gan

(CTO)

They come from a computer science background with prior experience at Twitter and TellApart.

They have experience in both operating and investing. They worked as Head of Strategic Development at LendingClub, amongst a list of other companies.