Orchard Raises $100M in Series D Funding

▤ Summary

Orchard, a NYC-based home buying and selling company, raised $100m in Series D funding at over a $1 billion valuation. The company, which has raised $255m in total equity funding, intends to use the capital to expand to four new markets in 2022 and launch new services. Orchard is headquartered in New York City and offers its services in Colorado, Georgia, Texas, North Carolina, Maryland and Virginia. In addition to its funding round, Christa Quarles will be joining Orchard’s board of directors in October 2021. Quarles is the CEO of Corel Corporation and has more than two decades of experience in leading and advising companies across multiple operational disciplines including consumer internet, fintech, and marketplace business models.

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