Balance

company

About

A more affordable and flexible way to own a home

  • 11 - 50

Details

Last Funding Type
Seed
Industries
Financial Services,FinTech
Founded date
Jun 1, 2021
Number Of Employee
11 - 50
Operating Status
Active

Balance empowers homeowners to access existing home equity to pay off their entire mortgage and other debts—and get up to $50k cash out.

Co-Ownership with Balance provides affordable monthly payments along with the unique ability to skip cash payments by paying with equity instead. Homeowners remain in control: they stay on title and can increase equity, refinance or sell whenever they want.

Balance is accessible for homeowners with low credit and who have fallen behind on their current mortgage. Its mission is to end foreclosure with a more affordable & flexible way to own.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
Balance has raised a total of — in funding over 2 rounds. Their latest funding was raised on Sep 8, 2022 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 8, 2022 Seed 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Balance is funded by 1 investors. Apollo are the most recent investors.
Investor Name Lead Investor Funding Round
Apollo Seed