Roofstock was founded in 2015 by Devin Wade, Gary Beasley, Gregor Watson, and Rich Ford. Beasley, the CEO, has a proven record of leading companies through successful IPOs (Ziprealty as CFO, Starwood Waypoint Residential Trust as co-CEO). These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Roofstock's platform makes real estate investment easy, accessible, and cost-effective for "everyone from first-time investors to global asset managers." The company reports that they have recently passed $4 billion in transaction volume and are continuing to grow. In 2021, the company acquired Stessa and Great Jones, a pair of real estate portfolio and property management platforms. In 2018, Roofstock acquired Streetlane Homes, a tenant-facing property management platform. Roofstock has raised over $132 million funding from investors including Silicon Valley Bank, Citi Ventures, Fortross Ventures, 7 Global Capital, Khosla Ventures, and others. According to a 2020 press release, Roofstock's last major equity round raised $50 million. Beasley has not spoken publicly about a post-money valuation, but it is estimated to be between $500 million and $1 billion.