Point has raised $8.4 million in Series A funding led by Andreessen Horowitz. Other investors include Ribbit Capital and Bloomberg Beta, as well as individual angel investors such as Orogen Group CEO Vikram S. Pandit, Airbnb CFO Laurence Tosi, LendingHome founder/CEO Matt Humphrey and Invitation Home’s co-founder Brad Greiwe. Point, of Palo Alto, California, is a financial technology platform that lets homeowners sell a stake of their home to investors in exchange for a lump sum of capital.
Source: PRNewswire
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