CHER®

company

About

CHER® is a marketplace that makes co-ownership for primary residences simple and flexible.

  • 11 - 50

Details

Last Funding Type
Seed
Last Funding Money Raised
$130K
Industries
Financial Services,FinTech,Lending,Marketplace,Real Estate,Real Estate Investment,Social Impact,Social Network,Software
Founded date
Feb 17, 2019
Number Of Employee
11 - 50
Operating Status
Active

Mission
“Providing superior real estate services to renters transitioning into homeownership through co-ownership”.

About
Cher® is the first real estate platform helping renters earning low to moderate income achieve homeownership. We do this by utilizing our all-in-one software and hands on support that streamlines the process of shared homeownership where buyers co-own to build equity in higher rates of appreciating homes, and later sell their fractional ownership.

Our services provide accessibility to competitive in-house loan products, customer service support, legal contracts, TIC Loans, LLC formations, down payment assistance, data feeds to thousands of homes via MLS partnerships, Real Estate Brokers, educational resources, and opportunities to meet other pre-qualified buyers to co-own with or fractionally sell to.
Our co-ownership programs and unique loan options with down payment assistance enable renters to transition into homeownership and build equity for the first time.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$130K
CHER® has raised a total of $130K in funding over 2 rounds. Their latest funding was raised on Jul 1, 2021 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jul 1, 2021 Seed $130K 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
CHER® is funded by 1 investors. PayPal are the most recent investors.
Investor Name Lead Investor Funding Round
PayPal Seed