Unlock is a homeowner technology company with a mission to help homeowners access equity in their homes without interest payments or monthly charges. Aiming to go against the grain of traditional home equity loans, the company features tools with the goal of helping homeowners decrease debt, remodel their homes, and open a small business with an equity agreement. Unlock was founded in 2020 by Dan Foster, James Riccitelli, and Ryan Craft and is headquartered in New York, NY.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
09/03/2024 | Series B-2 | $1.92MM | $xx.xx | $324.33MM | D2 Asset Management, Saluda Grade, Second Century Ventures, The National Association of Realtors | |
Price per Share
$xx.xx
Shares Outstanding
214,977
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
D2 Asset Management, Saluda Grade, Second Century Ventures, The National Association of Realtors
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09/03/2024 | Series B-1 | $28.08MM | $xx.xx | $324.33MM | D2 Asset Management, Saluda Grade, Second Century Ventures, The National Association of Realtors | |
Price per Share
$xx.xx
Shares Outstanding
2,478,385
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
D2 Asset Management, Saluda Grade, Second Century Ventures, The National Association of Realtors
|
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06/26/2023 | Series A-3 | $2MM | $xx.xx | $197.59MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
383,620
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|
||||||
06/26/2023 | Series A-1 | $15.5MM | $xx.xx | $197.59MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
2,378,440
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|
||||||
01/21/2022 | Series A-2 | $5.08MM | $xx.xx | $25.41MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
4,817,710
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|