Divvy Homes raises $7 mln from Caffeinated Capital, HVF, DFJ

Divvy Homes said it raised $7 million in a round led by Caffeinated Capital and joined by Max Levchin’s startup studio HVF and Draper Fisher Jurvetson. The financing also includes a credit facility.

The San Francisco company that is developing a real-estate service to help renters become homeowners will use the capital to expand operations into Cleveland and Atlanta and add staff.