CHER®

CHER® is a marketplace that makes sharing homeownership simple and flexible.

Business Model: B2C

Revenue: $0

Employees: 1-10

Detailed CHER® Information

Geographic Data

CHER® headquarters map

Address:

City: Santa Monica

State: California

Zip:

Country: United States

Financial Info

Stage:

pre seed

Raised Last:

$40k

Raised Total:

$680k

Metrics

2,828,904Website Global Rank

5,721Website Monthly Traffic

Twitter Followers

Description

Created with the new generation of homebuyers in mind - Cher is the first of its kind. Unaffordable housing is an epidemic, bringing people together through co-living in hopes of maintaining some quality of life. Cher seeks to transcend the rising rental prices and make home ownership a possibility for everyone. They do this through their online platform, which serves as a resource for prospective homeowners and as a network for those who seek to find a co-owner (an option that many people don’t think about). Their platform makes it possible for those who already have a co-owner in mind to proceed with the home buying process online and risk-free. For those who are interested in co-ownership, but do not already have other people in mind, we provide a qualified network of other prospective home buyers that they may match with. Our algorithm allows users to find a co-borrower based on a mutual financial and like-minded understanding. The best part is, when users want to opt out of co-owning, we provide them with a range of opt out solutions to cash out on their equity - making co-owning the financially intelligent and better solution to renting. At the end of the day, Cher’s number one goal is to make home-ownership accessible through co-ownership.

Contact Phone:

Contact Email:

Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
7/2021 Seed Round 5 $130k Village Capital
TIAA
PayPal
Freddie Mac
Asher Leids
Village Capital
TIAA
PayPal
Freddie Mac
Asher Leids
9/2019 Pre Seed Round $0 MuckerLab
Queen City Fintech
MuckerLab
Queen City Fintech
9/2020 Pre Seed Round 1 $40k CFV Ventures
CFV Ventures
9/2019 Pre Seed Round 2 $640k MuckerLab
Queen City Fintech
MuckerLab
Queen City Fintech
Announced Date Name Price

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