Acre Homes Closes M Seed Financing

DURHAM, NC, Acre Homes, a tech-enabled real estate company, announced the successful close of a seed round led by Anthemis, bringing its total venture capital raised to over $10 million.

The fundraise included notable participation from Sovereign’s Capital, Home Technology Ventures, Studio VC, Front Porch Ventures, Unpopular Ventures, Duke Capital Partners, and former CEO of Invitation Homes Fred Tuomi. The funding will support the company’s efforts to accelerate growth in existing markets, including newly launched Atlanta.

Acre Homes is a company building a better way for customers to buy and live in homes they love. The company’s modern approach simplifies the home buying process and provides flexible, financially attractive options for residents. Acre’s unique shared home appreciation model gives customers a way to benefit from their home’s appreciation without debt.

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Source: VC News Daily