Loft operates an online one-stop shop for Brazilians to manage home transactions, combining listings, brokerage partnerships and ancillary services such as insurance, renovations and rentals. The company maintains more than 13,000 property listings across roughly 130 regions in São Paulo and Rio de Janeiro and partners with over 30,000 brokers. Loft reported dramatic growth in 2020—listings rose 10–15x, the company said it did more than 6x YoY growth with many thousands of transactions, and it recorded over $150 million in annualized revenues in its first full year. In 2020 Loft entered the mortgage business via acquisition and now ranks among the top-three mortgage originators in Brazil. The company says revenues and GMV increased significantly in 2020 and that it has a "very clear horizon to profitability." Loft plans to use new capital to expand across Brazil, pursue Latin American expansion over time, and explore M&A opportunities. Loft operates a data‑driven residential real‑estate marketplace focused on increasing transparency and liquidity in Brazil by creating open datasets for property valuation and higher‑quality listings. The company monetizes through property sales and ancillary products, including referral and partnership fees with banks and insurance companies. Loft has transacted on roughly 1,000 properties in its core São Paulo market and has raised substantial growth capital to scale. The founders envision a one‑stop shop including renovations, mortgage financing and insurance through banking partners. Loft plans to replicate its model in new cities using an "Uber growth model," with an imminent expansion to Mexico City and the hire of Juan Pablo Ramos to lead that launch. To date the company has raised $275 million in total capital over two years, with the latest $175M Series C enabling accelerated geographic expansion and product rollout.

Total raised

$275M

Funding rounds

2

Latest round

Series D

Latest activity

Apr 2021