Brazil-based PropTech startup Homelend has raised $8 million through the issuance of Certificados de Recebíveis Imobiliários (CRIs), a form of real estate-backed security. The transaction was structured by asset management firm RBR Asset.
Homelend provides financing and end-to-end support for customers looking to purchase TecHome units—custom-built homes tailored to buyers’ needs. The company manages financing options, documentation, and final delivery of ready-to-move-in homes.
The capital raised will be allocated to two primary areas: constructing a new facility for TecHome production and supporting financing for future home construction.
Homelend was established in 2018. In earlier funding rounds, the company secured $4 million in seed capital, followed by a $5.7 million Series A round led by Astella. The latest transaction adds to its funding roadmap as it plans for further developments in the upcoming year.
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By Proptechbuzz
By Ravi Kumar
