CHER® is a marketplace that makes sharing homeownership simple and flexible.
Business Model: B2C
Revenue: $0
Employees: 1-10
Address:
City: Santa Monica
State: California
Zip:
Country: United States
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.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 9/2019 | Pre Seed Round | $0 |
MuckerLab Queen City Fintech MuckerLab Queen City Fintech |
7/2021 | Seed Round | 5 | $130k |
Village Capital TIAA PayPal Freddie Mac Asher Leids Village Capital TIAA PayPal Freddie Mac Asher Leids |
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 |
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