The program offers appeal for both sides of the deal, as sellers get a guaranteed cash offer and buyers don’t lose the house they want because of delays in funding. Last year around this time, Ribbon raised $225 million in a combination of debt and equity financing to grow its business, and now the company has raised even more money as it seeks to continue that growth. Ribbon announced recently that it raised $330 million in a combination of debt and equity financing, which it plans to use to expand to 20 markets across ten states by the end of 2020.

https://www.housingwire.com/articles/real-estate-startup-ribbon-secures-330-million-in-financing-to-grow-homebuying-platform/