Stoa USA Inc. is a Phoenix-based proptech company that launched FlipOS, a software platform for professional single-family home investors. FlipOS streamlines purchase, renovation, and resale workflows, enabling investors to purchase, renovate, and sell single-family homes up to four times faster than existing models. The platform supports investors with low-rate lending, detailed scopes of renovation work, and a guaranteed post-renovation purchase offer with a five-day close. The company plans to partner with more real estate investors in existing and new markets and continue rapid development of the FlipOS platform. Stoa expects to expand its Phoenix headcount to 200 employees by the end of 2022, a 300% increase from the start of the year. Since launching in early 2021, Stoa has raised nearly $200M in equity and debt. Stoa USA Inc. is a Phoenix, Ariz.-based B2B iBuyer that built FlipOS, a platform for individual real estate investors and institutional buyers to outsource asset scouting and renovation functions. FlipOS helps investors buy, finance projects, scope renovations, warehouse properties for buyers, and ensure assets are renovated to high-quality, fit-for-purpose “Good Homes®.” The company recorded over $20m in revenue since launching at the beginning of 2021. Stoa intends to use new funding to hire talent, expand into new U.S. locations, and further establish FlipOS as a marketplace leader. The company is led by Co-Founder and President Tom Sella and CEO Or Agassi.

Total raised

$186M

Funding rounds

3

Latest round

Equity

Latest activity

May 2022