Flow Raises $350 million at $1 Billion Valuation

Flow is a rental estate company that aims to transform the market of residential real estate. The company is going to reconsider the market of housing rental by creating a branded product with community features and consistent service. Flow will not only operate its own property but also provide new developments and other third parties with the services.

It is reported that the investments came from Andreessen Horowitz. The sum of funding is claimed to be the highest among all individual checks issued by Andreessen Horowitz. It is a sign of support for a company that still does not open its doors. “In a world where limited access to homeownership continues to be a driving force behind inequality and anxiety, giving renters a sense of security, community and genuine ownership have transformative power for our society,” Andreessen said.

Flow, the USA, will be launched in 2023 by Adam Neumann. Adam Neumann is the founder of WeWork. The founder is going to make a huge investment by himself in a form of cash and real estate. Adam Neumann has already purchased over 3000 apartments in Atlanta, Nashville, Fort Lauderdale, and Miami. “It’s often underappreciated that only one person has fundamentally redesigned the office experience and led a paradigm-changing global company in the process: Adam,” Marc Andreessen, who is going to join Flow’s board, in his blog.

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