Roofstock
Real Estate Investment Platform
- 201-500 employees
- Fintech
- B2C
- Investing
- Real Estate
- SaaS
- Downtown, Oakland, CA
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Company mission
To make ownership of investment real estate radically accessible, cost-effective and simple.
-29% employee growth in 12 months
Our take
Everyone knows that buying a house is a massive ordeal, but what if it didn’t have to be? That’s Rootstock’s aim, with its platform designed to make buying and selling investment properties as easy as it can be for everyone.
Its main selling points are the scalability of its program - the services are offered to the person buying a single-family rental unit and for the magnate with a large portfolio - and the dual approach of human real estate expertise with AI software.
After reaching a value of $1.9 billion in 2022, Roofstock sold its first home using NFTs, indicating a growing focus on blockchain usage within the housing market. However, due to the economic downturn in the housing market, it has suffered from an estimated 27% cut to its workforce from 2022 to 2023. Moving forwards, Roofstock hopes to weather the economic storm by realigning its capital in line with the current market.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Medical, Vision & Dental for you and your dependents
- Equity incentives to give you a stake in the company's future
- Ping-pong
- Discount to 24 Hour Fitness
- Team outings and events
- Fully stocked kitchen
- Flexible vacation policy
Company values
- Be customer obsessed
- Act like an owner, because you are one
- Don't be afraid to break things in the pursuit of better
- All of us are empowered to do the right thing
- Stay curious and create what's next. Fast
- Seriously. No jerks
Funding (last 2 of 7 rounds)
Mar 2022
$240m
SERIES E
Jan 2020
$50m
SERIES D
Total funding: $371.6m
This company has top investors
Leadership
Gary
(CEO)Previously CEO of Starwood Waypoint Residential Trust, Waypoint Homes, Greenpoints, and CFO of ZipRealty.
Gregor Watson
(Chairman)Formerly a Partner and McKinley Partners and founder of 643 Capital Management. Alongside Roofstockm they currently work at Creative Juice, Zibo, Lessen and 1Sharpe Capital, all of which they co-founded.
Rich Ford
(Chief Development Officer)A former Associate at Lehman Brothers, and Managing Director at both Jefferies and Bank of America Merrill Lynch. They are also Co-founder of Vesta Ventures, where they still work.