How two-year-old Loft nabbed $175M led by Andreessen Horowitz

Loft may have better product market fit in Brazil than Opendoor does in the U.S.. And now the São Paulo-based property tech company has growth funding to prove it. Andreessen Horowitz is doubling down on its first Brazil investment with Loft, a two-year-old real estate marketplace. The $175 million Series C was co-led by Vulcan Capital. In the U.S., sites like Opendoor give us visibility into how much your house or properties you’re interested in are worth.

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