Landed a fintech startup helping essential professionals build financial security near the communities they serve.
Landed is on a mission to help essential professionals (starting with educators) build financial security near the communities they serve.
Landed was founded in 2015 by Jonathan Asmis, Jesse C. Vaughan and Alex Lofton. The company is headquartered in San Francisco, California.
Landed offers a shared equity down payment program for essential employees – starting with educators – who wish to buy homes in the communities where they work, across the United States. Landed's down payment program invests alongside employees in education to help them reach a 20% down payment.
Landed's funds, up to $120,000 per household, come in the form of an equity investment, meaning that homebuyers share in a portion of the gain – or loss, if any – of the value of the home once it's sold or refinanced.
Landed is backed by Initialized Capital, OMERS Ventures, and others. The company raised $10.5M in Series A extension round on June 24, 2020. This brings Landed's total funding to $22.1M to date.