Landa Overview
Landa is developing a real estate investment app that allows anyone to invest in rental properties through their phone, starting at $5. Providing a one-stop shop for managing all of the facets of property ownership, Landa aims to help investors venture into real estate investments.
Cumulative Funding Raised Over Time ($)
—Apr 2023
$25.0MAug 2022
$25.0MDec 2021
$33.0MOct 2019
Latest News
growth-negative
FIMI to invest $80 million in Benny Landa's collapsed digital printing company | CTech
Landa Corporation Limited, a digital printing company, is set to be acquired by FIMI Opportunity Funds. The acquisition involves FIMI investing $80 million in exchange for new shares, while existing shares will be canceled. This move aims to address the companys significant debt of approximately NIS 1.7 billion ($498 million) and maintain its operations. The transaction requires approval from a creditors meeting and the court. The company has faced financial difficulties, leading to a reduction in its workforce. The acquisition is expected to help repay some of the debts and support the companys ongoing operations.
Acquired-byInvestmentLayoffs
growth-negative
The stay of proceedings is until the end of August. The company owes NIS 1.7 billion, mainly arising from investors' loans.
Landa Digital Printing, founded by Benny Landa, is facing financial difficulties with a debt of NIS 1.7 billion, primarily from investor loans. The Central District Court has approved a two-month stay of proceedings to allow the company to find a buyer and arrange a debt settlement. The company has raised $1.3 billion from European investors, including SKion, Altana, and Winder, who have decided to withdraw support due to geopolitical tensions. Landa Digital Printing recently laid off over 100 employees and owes significant amounts to creditors, including Mizrahi Tefahot Bank. HP is a potential buyer, and the company has received support from its employees and some customers for the stay of proceedings.
LayoffsAcquired-byInvestment
growth-positive
Landa raises $25 million Series A for inclusive real estate investing platform | CTech
Israeli-founded startup Landa has completed a $25 million Series A funding round, bringing its total equity raised to $33 million. The company also raised $62 million in debt financing. Landa enables individuals to access the real estate market for as little as $5 through a fractional ownership model. The funding was led by investors including NFX, 83North, and Viola Ventures. Landa currently has properties in Atlanta and New York City and plans to expand to Charlotte, Birmingham, Tampa, Orlando, and Jacksonville. The company aims to break down traditional barriers to entry in real estate investing and provides a user-friendly interface for investors to manage their portfolios.
InvestmentExpand
| Sector | Fintech & Insurtech |
Funding
| Total funding | $33M |
| Last funding | Undisclosed |
| Stage | A |
| Rounds | 4 |
| Investors | 5 |
Team Members
2
Employees: 11-50
Web & Social Links
| Website | www.landa.app |
| Careers | Careers page |
| App Store | App Store |
| Google Play | Google Play |
Locations
Derech Menachem Begin 132, Tel Aviv-Yafo, Israel
6 W 18th St, New York, NY, USA
Photos & Videos
No files yet
Landa Business
Business models
B2C
Product stage
Released
Employees
11-50
Sector
Fintech & InsurtechTrading & InvestingTarget Customer
Real Estate & ConstructionDevelopmentConsumersFinancial & Real EstateProperty BuyerPrivate InvestorsCore Technology
Platforms & InterfacesMobileTags (1)
fintechGeographic Markets
United StatesLanda Financials
$33M
Total funding
Undisclosed
Capital raised
Undisclosed
Last funding
A
Funding stage
4
Total rounds
5
Investors
Cumulative Funding Raised Over Time ($)
—Apr 2023
$25.0MAug 2022
$25.0MDec 2021
$33.0MOct 2019
Private Equity Funding
A Round
Apr 2023
Undisclosed
Viola Ventures
A Round
Aug 2022
$25M
NFX Capital (Lead)
,
Viola Ventures, 83North
Convertible Debt
Dec 2021
Undisclosed
Viola Ventures
Seed
Oct 2019
$8M
Viola Credit, BoxGroup
Landa Lifecycle
Cumulative Funding Raised Over Time
—Apr 2023
$25.0MAug 2022
$25.0MDec 2021
$33.0MOct 2019
All Events
A Round
Apr 2023
Undisclosed
Viola Ventures
A Round
Aug 2022
$25M
NFX Capital (Lead)
,
Viola Ventures, 83North
Convertible Debt
Dec 2021
Undisclosed
Viola Ventures
Seed
Oct 2019
$8M
Viola Credit, BoxGroup
Landa News
3 articles
growth-negative
FIMI to invest $80 million in Benny Landa's collapsed digital printing company | CTech
Landa Corporation Limited, a digital printing company, is set to be acquired by FIMI Opportunity Funds. The acquisition involves FIMI investing $80 million in exchange for new shares, while existing shares will be canceled. This move aims to address the companys significant debt of approximately NIS 1.7 billion ($498 million) and maintain its operations. The transaction requires approval from a creditors meeting and the court. The company has faced financial difficulties, leading to a reduction in its workforce. The acquisition is expected to help repay some of the debts and support the companys ongoing operations.
Acquired-byInvestmentLayoffs
growth-negative
The stay of proceedings is until the end of August. The company owes NIS 1.7 billion, mainly arising from investors' loans.
Landa Digital Printing, founded by Benny Landa, is facing financial difficulties with a debt of NIS 1.7 billion, primarily from investor loans. The Central District Court has approved a two-month stay of proceedings to allow the company to find a buyer and arrange a debt settlement. The company has raised $1.3 billion from European investors, including SKion, Altana, and Winder, who have decided to withdraw support due to geopolitical tensions. Landa Digital Printing recently laid off over 100 employees and owes significant amounts to creditors, including Mizrahi Tefahot Bank. HP is a potential buyer, and the company has received support from its employees and some customers for the stay of proceedings.
LayoffsAcquired-byInvestment
growth-positive
Landa raises $25 million Series A for inclusive real estate investing platform | CTech
Israeli-founded startup Landa has completed a $25 million Series A funding round, bringing its total equity raised to $33 million. The company also raised $62 million in debt financing. Landa enables individuals to access the real estate market for as little as $5 through a fractional ownership model. The funding was led by investors including NFX, 83North, and Viola Ventures. Landa currently has properties in Atlanta and New York City and plans to expand to Charlotte, Birmingham, Tampa, Orlando, and Jacksonville. The company aims to break down traditional barriers to entry in real estate investing and provides a user-friendly interface for investors to manage their portfolios.
InvestmentExpand
Landa Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 40 |
| Team members | 2 |
Similar Companies
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This entity has 12 classification IDs that could be used for matching.
Landa Internal
Recent Updates
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Admin Info
| Confidence | 84/100 |
| Missing | tags, video or image, markets, not claimed |
| BI Verification | Jenny Sotnik-Talisman |
| Crunchbase | landa-8cfe |
| Creator | Maor Perlov |
| Creator email | maorperlov@gmail.com |
| Last updater | Jenny Sotnik-Talisman |
| Updater email | jenny.sotnik@sncentral.org |
| Last update | 2024-04-08T00:00:00.000Z |
| Created | 2022-01-11T00:00:00.000Z |