Teachers are notoriously underpaid, and buying homes is notoriously expensive. This is where Landed, which just raised a $7.5 million Series A round led by Initialized Capital, comes in.
Landed helps educators buy homes by providing them with down-payment assistance. That’s because many teachers leave their jobs due to a lack of stable housing. In Berkeley, Calif., for example, more than half of the school district’s employees reported they considered leaving because of the high costs of housing.