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Real Estate Development Company Among Fastest Growing

Inc. magazine revealed Fund That Flip is No. 42 on its annual Inc. 5000 list. A ranking of the nation’s fastest-growing private companies. Fund That Flip also ranks No. 4 of the fastest-growing real estate companies in the United States and No. 5 in New York. 

The list represents a look at the most successful companies within the American economy's most dynamic segment—independent small businesses.

Launched in 2014, Fund That Flip provides short-term loans to experienced real estate redevelopers who buy and renovate residential properties. After origination, Fund That Flip offers accredited and institutional investors the opportunity to purchase fractional shares of the loan and earn an 8-9% annualized yield. Fintech Venture Fund, an Atlanta-based early-stage investor, led the company’s seed round in 2016.

Since then, the company has realized exponential growth, doubling its loan origination volume and customer base each year, and growing revenue by more than 6,018%. This month, Fund That Flip announced an $11 million raise from growth equity firm Edison Partners of Princeton, New Jersey.

Entrepreneurs Roundtable Accelerator, a tech accelerator based in New York, also participated in this round and has been supporting the company since 2015. Fund That Flip will use the additional capital to expand its market share of the growing residential real estate industry.

“We’re honored to be recognized for our exponential growth, which comes from our passion for exceeding the needs of a trillion-dollar residential real estate investment industry,” said Matt Rodak, Founder and CEO of Fund That Flip. “We look forward to continuing to apply our resources and unique capabilities to create more value for both our borrowers and lenders, with the goal of being the platform-of-choice for residential real estate investors across the nation.”

About Author: Mike Albanese

A graduate of the University of Alabama, Mike Albanese has worked for news publications since 2011 in Texas and Colorado. He has built a portfolio of more than 1,000 articles, covering city government, police and crime, business, sports, and is experienced in crafting engaging features and enterprise pieces. He spent time as the sports editor for the "Pilot Point Post-Signal," and has covered the DFW Metroplex for several years. He has also assisted with sports coverage and editing duties with the "Dallas Morning News" and "Denton Record-Chronicle" over the past several years.

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