POINT
“Can home equity investment (HEI) become a mainstream alternative to home equity loans and HELOCs for tapping trapped wealth?”
Founded2014
HQPalo Alto, California, United States
FoundersEddie Lim, Eoin Matthews, Alex Rampell
Total raised$300M+ (including debt)
Latest roundDebt, $141M
IndustryFintech / Lending
The story
Point was founded in 2014 by Eddie Lim, Eoin Matthews and Alex Rampell to give homeowners a way to cash out on the equity in their homes without taking on additional debt. Unlike traditional home equity loans or HELOCs, Point buys a share of the future value of the property. The company has raised over $300M across equity and debt facilities, positioning itself as a leading home equity investment (HEI) platform.
Last 12 months
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Product timeline
2014
Founded in Palo Alto to offer home equity investment (HEI) products· lending
2021
Raised $46.5M Series B led by Valar Ventures· lending
2022
Raised $115M Series C to expand home equity investment offering· lending
The stack
1 layer disclosed in POINT’s embedded-finance stack
Lending
Point (in-house)Home Equity Investment (HEI)
Accounting gap: none