Fractional
188 King Street, San Francisco, CA, 94111, United States
Overview
Fractional helps people co-own investment properties by matching co-owners or onboarding friend groups and handling underwriting, legal and financial facilitation for purchases. The platform also partners with property managers to manage co-owned homes and reduce owners' time commitment. Fractional participated in Y Combinator’s Winter 2021 batch and has a beta of over 400 users who have co-invested across 95 properties. The company has raised $5.5 million in total funding at a $30 million valuation. Founders Stella Han and Carlos Treviño, who previously worked at Affirm, conducted hands-on real estate work (including buying land in Mexico) to better understand the process. The product aims to lower financial and logistical barriers to home ownership while addressing the social and governance challenges of co-ownership.
- Total raised
- $6M
- Funding rounds
- 1
- Latest round
- Seed
- Latest activity
- Nov 2021
Industries
- Information Technology
- Real Estate
Recent funding
Seed
Nov 2021
$6M