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Ribbon Home
Tech-based real estate platform
- 201-500 employees
- Fintech
- B2C
- B2B
- Real Estate
- Midtown Manhattan, New York, NY
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Company mission
To make homeownership achievable.
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
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
Company values
- Set New Standards - Our mission requires a new way forward. We start from first-principles to be different, creative, and bold. Big or small, we create new norms
- Build Together - We are one team, one mission, creating vibrant communities of belonging. We unite in our passion and collaborate with optimism, integrity, and trust.
- Learn, Teach, Grow - What we confront will be hard and struggles are natural. We honor victories and celebrate the effort, mistakes, and learnings needed to progress our mission
Funding (last 2 of 4 rounds)
Sep 2021
$75m
SERIES C
Oct 2019
$30m
SERIES B
Total funding: $660m
This company has top investors
Leadership
Wei Gan
(CTO)They come from a computer science background with prior experience at Twitter and TellApart.
Shaival Shah
(CEO)They have experience in both operating and investing. They worked as Head of Strategic Development at LendingClub, amongst a list of other companies.