Flock Homes

Seamlessly convert your individual rental property into fully passive, diversified shares in a pool of houses.

About

Founded

2020

Headquarters

Denver, Colorado

Industry

Real Estate

Company Description

Flock seamlessly converts your individual rental property into fully passive, diversified shares in a pool of houses.

Quick Links

Website Jobs

Funding

Total Raised

$26 million

Valuation

Undisclosed

Significant Investors

Andreessen Horowitz, 1Sharpe Ventures, Human Capital, Susa Ventures, Primary Venture Partners, BoxGroup

Company Traction

As of June 2023, Flock Homes’ portfolio performance includes a $94.2 million total portfolio value, $1.4 million distributions paid ITD (inception to date), 7.7% gross yield, 19.9% ITD performance, and 500% YoY growth.

As of June 2023, Flock Homes has 484 homes in its portfolio across 12 states. The average house is 1,103 square feet and costs $194,698.

Leadership Team

Ari Rubin: Founder & CEO of Flock Homes. Former Analyst, Portfolio Manager at Ibex Investors.

Alexander Cettina: Head of Capital Markets at Flock Homes. Former VP of Debt Capital Markets at Flexbase.

Ryan Illsley: Head of Investments at Flock Homes. Former VP of Acquisitions at Progress Residential.

Nicola Montagna: Chief of Staff at Flock Homes. Former Financial Operations at Biden for President.

Michael Heider: Head of Product at Flock Homes. Former Product Manager at AppDirect.

Press

TechCrunch (March 24, 2022): Flock Homes closes on $26M for landlords to exchange rentals for shares in a portfolio of homes

The Denver Post (April 10, 2021): Denver startup Flock Homes looking to gather accidental or retiring landlords