Digital Real Estate Startup Loft Lands $425 Million, Valued At $2.2 Billion

Loft said that, at this point, it is completing the majority of its mortgage closings and home sales fully digitally. The WSJ said that Loft is in the process of raising an additional $100 million, which would lift its valuation to $2.8 billion. D1 Capital Partners, a hedge fund, led the $425 million deal, with participation from an array of other investors.
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