gethearth.comFinTech / LendingFounded: 2016Funding to Date: $110.65MM
Hearth, founded in 2016, is a fintech company that aims to provide tailored financial solutions for homeowners. Its platform strives to help customers obtain affordable home improvement loans through a simple and straightforward process. By partnering with contractors and financial institutions, Hearth seeks to simplify home improvement financing, with the goal of making it easy for homeowners to find competitive loan offers that suit their needs and budget. Hearth is headquartered in Austin, Texas.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
07/12/2023 | Series B-4 | $5.25MM | $xx.xx | $263.69MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
506,804
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
7.2%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
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07/12/2023 | Series B-3 | $8.01MM | $xx.xx | $263.69MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
858,993
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.9%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
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05/18/2021 | Series B-2 | $4.7MM | $xx.xx | $237.29MM | 8vc, Barry Sternlicht, Human Capital, Jay Levine, Suro Capital, The Chainsmokers | |
Price per Share
$xx.xx
Shares Outstanding
405,206
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
8vc, Barry Sternlicht, Human Capital, Jay Levine, Suro Capital, The Chainsmokers
|
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05/18/2021 | Series B-1 | $19MM | $xx.xx | $237.29MM | 8vc, Barry Sternlicht, Human Capital, Jay Levine, Suro Capital, The Chainsmokers | |
Price per Share
$xx.xx
Shares Outstanding
2,371,436
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
8vc, Barry Sternlicht, Human Capital, Jay Levine, Suro Capital, The Chainsmokers
|
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05/22/2020 | Series A-4 | $77,305.00 | $xx.xx | $78.46MM | 8vc, Colchis Capital Management, Human Capital, Plug & Play | |
Price per Share
$xx.xx
Shares Outstanding
19,022
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
8vc, Colchis Capital Management, Human Capital, Plug & Play
|
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05/22/2020 | Series A-2 | $3.07MM | $xx.xx | $78.46MM | 8vc, Colchis Capital Management, Human Capital, Plug & Play | |
Price per Share
$xx.xx
Shares Outstanding
775,135
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
8vc, Colchis Capital Management, Human Capital, Plug & Play
|
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05/22/2020 | Series A-1 | $5MM | $xx.xx | $78.46MM | 8vc, Colchis Capital Management, Human Capital, Plug & Play | |
Price per Share
$xx.xx
Shares Outstanding
1,855,494
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
8vc, Colchis Capital Management, Human Capital, Plug & Play
|
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05/22/2020 | Series A-3 | $8.11MM | $xx.xx | $78.46MM | 8vc, Colchis Capital Management, Human Capital, Plug & Play | |
Price per Share
$xx.xx
Shares Outstanding
1,893,628
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
8vc, Colchis Capital Management, Human Capital, Plug & Play
|
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08/15/2018 | Series Seed-2 | $2.17MM | $xx.xx | $29.48MM | 8vc, Founders Fund, Goldcrest Capital, Mac Venture Capital | |
Price per Share
$xx.xx
Shares Outstanding
1,084,589
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
8vc, Founders Fund, Goldcrest Capital, Mac Venture Capital
|
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08/15/2018 | Series Seed-3 | $2.31MM | $xx.xx | $29.48MM | 8vc, Founders Fund, Goldcrest Capital, Mac Venture Capital | |
Price per Share
$xx.xx
Shares Outstanding
961,737
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
8vc, Founders Fund, Goldcrest Capital, Mac Venture Capital
|
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08/15/2018 | Series Seed-1 | $4.25MM | $xx.xx | $29.48MM | 8vc, Founders Fund, Goldcrest Capital, Mac Venture Capital | |
Price per Share
$xx.xx
Shares Outstanding
5,315,625
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
8vc, Founders Fund, Goldcrest Capital, Mac Venture Capital
|