Better.com Raises $200M Series D Round
Summary
NEW YORK--(BUSINESS WIRE)--Better.com, one of the fastest-growing homeownership platforms in the country, today announced a $200 million Series D round of funding. “We’re committed to working tirelessly for our customers, growing our team and building out our technology to provide them the best possible experience when pursuing homeownership.” The new investment round comes amid a period of significant growth. “We’re excited about new and existing investors continuing to support our mission to make homeownership simpler, faster and more accessible for all Americans,” Garg added. Better’s rise as a leading online lender comes at a time when 73% of American consumers are embracing FinTech as the “new normal" with 67%1 reporting a plan to continue managing most of their finances digitally after COVID-19. To date, Better.com has funded $25B in home loans and provided over $7B in cumulative coverage through Better Cover and Better Settlement Services, the insurance divisions of Better.com.