Landis raises $165M with funding from Will Smith, Jay-Z–backed company

Will Smith and a company backed by Jay-Z are betting on a startup that seeks to make homeownership easier to obtain.

Will Smith’s Dreamers VC and a company backed by Jay-Z’s Roc Nation participated in a $165 million capital raise for Landis, which seeks to help renters become owners. The funding round was led by venture capital firm Sequoia Capital and included debt and Series A equity financing.