Landis
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | <1m | 1.4m | 2.3m | 13.5m | 14.4m |
% growth | - | 46 % | 62 % | 487 % | 7 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$2.0m | Seed | ||
N/A | $15.0m | Debt | |
N/A | Seed | ||
$165m | Series A | ||
* | $40.0m Valuation: $825m | Series B | |
Total Funding | €188m |
Recent News about Landis
EditLandis is a unique startup operating in the real estate market, specifically targeting individuals who are currently renting but aspire to own a home. The company's innovative business model involves purchasing a client's dream home and then renting it to them until they are financially ready to buy it back. This model is designed to help individuals transition smoothly from being renters to homeowners.
Landis serves clients in various states, including Alabama, Florida, Georgia, Indiana, Kentucky, North Carolina, Ohio, and Tennessee. The company's primary target market is individuals who are currently renting but have the desire and potential to become homeowners. This includes people who need to build their credit score or save for a down payment.
The company's business model is based on a rent-to-own strategy. Landis purchases a home on behalf of a client and then rents it to them. During the rental period, the client works with a dedicated coach from Landis to improve their credit score and save for a down payment. Once the client is ready, they can buy the home back from Landis. This model allows Landis to generate revenue from both the rental income and the eventual sale of the home.
In summary, Landis is a real estate startup that helps renters become homeowners by buying their dream home and renting it to them until they are ready to purchase it. The company operates in several states and generates revenue through rental income and home sales.
Keywords: Real Estate, Startup, Rent-to-Own, Homeownership, Credit Building, Savings, Rental Income, Home Sales, Financial Coaching, Target Market.