Roofstock, a single-family rental online investment platform, has raised $240M in a Series E round led by SoftBank's Vision Fund 2 as investors continue piling into the single-family rental market.
The Oakland company is now valued at $1.94B, three times its previous valuation of $600M, according to The Real Deal. Roofstock most recently raised $50M in a January 2020 Series D round and almost tripled its revenue in 2021, facilitating $2.5B in single-family rental deals, The Real Deal reported.