May 04, 2022
Point, a fintech company and home equity platform that provides homeowners access to equity financing in exchange for a fractional share of the future value of their homes, has secured US$115 million in additional funding to accelerate company growth. Point's Series C fundraise was led by WestCap, with participation from other existing investors Andreessen Horowitz, Ribbit Capital, Redwood Trust, Atalaya Capital Management, and DAG Ventures. New investors include Deer Park Road Management, The Palisades Group, and Alpaca VC.
Latham & Watkins LLP represents Point in the financing with a corporate deal team led by Bay Area partners Rick Kline and Sarah Axtell, with associates Chris Pham and Zack Dawson.