Landed Raises $7.5 Million to Help Educators Buy Houses

Financing

Landed Raises $7.5 Million to Help Educators Buy Houses

Apr 5, 2019

THE EAGLE HAS LANDED: Landed, which helps teachers afford down payments on houses, has closed a $7.5 million Series A round with participation from Initialized Capital.

The San Francisco-based startup, founded in 2015, claims to have helped hundreds of people into more than $100 million worth of houses in the areas of Denver, San Francisco, Seattle, San Diego and Los Angeles, according to a statement Landed published Friday.

Landed previously received $5 million from the Chan Zuckerberg Initiative in 2017. Recently the company announced it would begin working with higher education instructors as part of a Seattle-area pilot.

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