Valued at $2B in 2021 Series D funding round, rent-to-own company Divvy Homes had endured several rounds of layoffs before launching a subscription-based credit building service last year
Former Fannie Mae and Freddie Mac chief executives Tim Mayopoulos and Michael DeVito are joining a newly formed advisory board in conjunction with funding round led by Khosla Ventures
The company will use the cash to add team members and beef up tech as it works to disrupt the rent-to-own sector
The series A round was led by Andreessen Horowitz