Realty411 Featuring Jimmy Reed, 1REClub.com | Page 87

With an aging housing stock and 72 million millennials seeking to transition from apartment living to single­family homes , Fund That Flip is uniquely positioned to expand its technology and track record of enabling local real estate entrepreneurs to scale their businesses with reliable access to financial services and technology . The company plans to continue to broaden its platform into an end­to­end real estate investment operating system designed to support the information and capital needs of the local real estate entrepreneur .
“ With this raise , we plan to create even more innovative solutions for real estate entrepreneurs , bring them additional value through optimizing the real estate investing ecosystem with data and technology , and continue to provide unparalleled customer service to help real estate professionals drive their businesses forward . We ’ re thrilled to partner with GPO Fund because they have a proven model of helping companies disrupt analog markets through the creation of data­driven solutions and platforms ,” Rodak said .
As part of the round , Jeff Stewart , partner and managing director at GPO Fund , will join the Fund That Flip board
“ Real estate investors play an integral part of the economy in building homes , creating jobs , and growing businesses and communities .”
­ Matt Rodak
Image by Artist and zabiyaka from Pixabay
of directors . “ I ’ m really excited by the way Fund That Flip is leveraging data and technology to empower a huge and underserved market . While they have grown tremendously fast over the past twelve months , we believe the opportunity in front of them is enormous ,” said Stewart . “ Fintech companies are transforming entire industries through vertically integrated technology solutions , and the team at Fund That Flip has an impressive track record of leading that innovation within the real estate space .”
Fund That Flip is one of the fastestgrowing private companies in the U . S ., on pace to grow its revenue by 300 % year­over­year and doubling its customer base since 2020 . Their technology platform has facilitated over $ 1 billion in real estate investments , with 99.1 % return of principal , and has achieved profitability since the close of their Series A in August 2019 .
“ With this raise , we plan to create even more innovative solutions for real estate entrepreneurs , bring them additional value through optimizing the real estate investing ecosystem with data and technology , and continue to provide unparalleled customer service to help real estate professionals drive their businesses forward . We ’ re thrilled to partner with GPO Fund because they have a proven model of helping companies disrupt analog markets through the creation of data­driven solutions and platforms .”
­Matt Rodak
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