Arrived

Arrived

Easily invest in rental homes & vacation rentals

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Categories
Technology, Real Estate, Retail, Financial Services, VC-Backed
Min Investment
$1,000
Location
Seattle, WA
Expected Close Date
April 29, 2024
Target Raise
$500.00K-$1.24M
No. Investors
4
Security Price
$14.80
Valuation
$100,000,000
Website
arrived.com
Number of Employees
50
Cash
$17,469,304
Revenue
$6,390,045
Short Term Debt
$724,054
Cost of Goods
$262,133
Long Term Debt
$1,186,089
Net Income
$-4,449,168

Key Deal Facts

Real estate investment platform backed by Jeff Bezos, Marc Benioff, Uber CEO, & former Zillow CEO
Small community funding round, exclusive for investors in Arrived properties
Arrived has the first-mover advantage and is the largest player in the space by far
$97M+ in property value funded across +264 properties in 35 markets
Explosive growth: over 295k registered users and growing new assets under management by 800% in 2022
Strong cash position, with over $25M in cash or short term equivalents; several years of runway
All star team that has founded several companies and has seen successful exits
Featured in: Bloomberg, The Wall Street Journal, TechCrunch, Forbes, Business Insider, Wired

Management Team / Advisory Board Bios

Ryan Frazier CEO & Co-FounderPrevious to founding Arrived, Ryan was the co-founder and CEO Datarank and led it through two acquisitions—to Simply Measured and Sprout Social., Alejandro Chouza COO & Co-FounderPrevious to founding Arrived, Alejandro was VP of Operations for hospitality company OYO and GM for Uber for Northwest USA., Kenny Cason CTO & Co-FounderBefore founding Arrived, Kenny co-founded Datarank and served as CTO until its acquisition by Simply Measured where he was the director of engineering., Cameron Wu VP of Investments Before joining Arrived, Cameron spent over 6 years with the second-largest SFR REIT, American Homes 4 Rent., Alexa Nguyen Head of Product Formerly a senior staff product manager at Drift, the leading revenue acceleration platform., Joel Mezistrano CFOA proptech & fintech startup veteran with over 12 years in real estate development & investment., Korin Hedlund Head of Investor RelationsAs Head of Investor Relations at Arrived, Korin leads the charge ensuring Arrived is continually building for and by clients., John Rostom General Counsel, VP of LegalFormerly an associate at Davis Polk & Wardwell LLP, John specializes in securities and investment products., Korin Hedlund
Amount Raised : $37,664,303
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