Fenwick Represents Roofstock in its $50 Million Series D Funding Round

Fenwick & West represented Roofstock, a leading online marketplace for investing in the single-family rental home sector, in its $50 million Series D equity round. SVB Capital led the financing, leading a syndicate comprised of several new investors including Citi Ventures, Fort Ross Ventures and 7 Global Capital as well as prior round lead investors Khosla Ventures, Bain Capital Ventures, Lightspeed Venture Partners and Canvas Ventures.

The new funding will support the company’s continued growth, including investment in its data science, product and engineering capabilities, expanding its retail supply and distribution network and rolling out Roofstock Platform Services, the company’s latest service which lets institutional investors build their own tailored portfolios of single-family rental homes. More information about the financing can be obtained from Roofstock’s announcement.

The Fenwick transaction team included corporate partners Steven Levine and Ryan Slunaker, and associates Jason Parkin and Alex Knight.