TLDR:
- Backflip, a real estate and financial technology platform, raised $15M in Series A funding.
- The round was led by FirstMark Capital, with participation from previous investors and angel investors.
Backflip, based in Dallas, TX, supports real estate entrepreneurs in acquiring and renovating single-family homes. The company offers technology and capital products to help entrepreneurs source, analyze, and finance residential real estate investments. With this new funding, Backflip has raised a total of $95M in equity and debt.
The company plans to use the funds to expand operations and development efforts, with CEO Josh Ernst leading the way.