Landed, founded in 2015 by Alex Lofton, Jonathan Asmis, and Jesse Vaughan, stands at the intersection of Finance, Financial Services, Fintech, and Real Estate. Headquartered in the United States, the company aims to Recruit, Retain, and Empower essential educators and healthcare professionals through pioneering housing loan programs.
Landed's major achievement includes establishing the largest private down payment assistance program in the country, which aided essential workers in acquiring over $1B worth of homes. However, a shift in market dynamics—characterized by rising interest rates and dwindling private market interest—prompted Landed to facilitate governmental takeovers of their initiatives, particularly in California and Colorado.
Currently, Landed collaborates with education and healthcare employers to fill the housing support gap for professionals who may never benefit from tax-funded programs. With support extended to thousands across more than 25 states, the company continues to champion this cause. The $31.00M Series B investment on September 15, 2021, from investors like Navitas Capital, Ulu Ventures, and MassMutual Ventures, underscores its growth potential and investor confidence.