Lofty
YC S19 · Active · Building the NASDAQ for Real Estate.
Competitors
| Company | Category | Status | Program |
|---|---|---|---|
 HomelightShared: real estate, estate transaction, sellerNot statedOther | Other | Not stated | 500 Global2013 |
 Khmer HomeShared: real estate, estate transaction, propertyNot statedOther | Other | Not stated | 500 Global2018 |
 ReesioShared: estate transaction, real estate, propertyNot statedOther | Other | Not stated | 500 GlobalGA 6 |
 QuantierraShared: real estate, investingActiveOther | Other | Active | YCW15 |
 Accept.inc (formerly BoardRE)Shared: estate transaction, real estate, sellerAcquiredAI | AI | Acquired | YCW19 |
Adjacent
| Company | Category | Status | Program |
|---|---|---|---|
 SumutasuShared: real estate, property, sellNot statedAI | AI | Not stated | 500 Global2018 |
 RealPactShared: real estate, estate transaction, propertyActiveAI | AI | Active | YCS26 |
 BluageShared: real estate, property, buyerNot statedAI | AI | Not stated | 500 Global2018 |
 PropReturnsShared: real estate, estate transaction, sellInactiveOther | Other | Inactive | YCS21 |
 HappyCoShared: real estate, property, assetNot statedOther | Other | Not stated | 500 Global2012 |
Also from S19
All of S19
About Lofty
Lofty is a marketplace that let's anyone sell a house to investors online. Instead of the typical real estate transaction where one seller sells to one buyer, Lofty is much more flexible. Sellers fractionalize their equity ownership in the property into smaller units, so that anyone can buy a portion for as little as $50, allowing access to one of the best asset classes for people who have previously been locked out. Sellers can also sell a portion of their equity (starting at just 10%) instead of the entire property or create customized HELOC structures. Investors can browse a variety of individual real estate properties ranging from commercial strip malls, a HELOC in someone's house, Airbnbs, to a single-family rental properties, and directly purchase ownership in these properties in under 5 minutes. There is no lockup period. Users can constantly trade these ownerships with others on the marketplace. Investors truly legally own the properties they invested in and co-manage it with other investors through an online governance program. Owners have so far voted on how to handle various repairs, delinquent tenants, the sale of the underlying property, and much more. Lofty never custodies or handles user funds or assets. Through smart-contracts on the blockchain, all transactions are directly peer-to-peer. If we succeed, we'll have built the NASDAQ for real estate and transformed how real estate is bought and sold in the USA.
- YC batch
- S19 · Summer 2019
- Status, per YC
- Active
- Category
- Other
- Team size
- 7
- Location
- Los Angeles, CA, USA; Miami, FL, USA; Remote
- Checked
- 4h ago
YC tags: Fintech, Crypto / Web3, Real Estate, Investing
Lofty: questions
Which YC batch was Lofty in?
Lofty was in Y Combinator's Summer 2019 batch (S19).
Is Lofty still active?
Y Combinator lists Lofty as active.
Where is Lofty based?
Lofty lists Los Angeles, CA, USA; Miami, FL, USA; Remote as its location on YC's directory.
Sources: each program's public company list, read twice a week. Not affiliated with Y Combinator or any other program. Logos via logo.dev; trademarks belong to their owners.