Cityfunds

Nada Names Board Member as New CEO, Secures Additional Seed Funding

by | Jun 13, 2024
Nada bridges homeowners and investors through home equity via its Cityfunds and Homeshares products. The company's new president and CEO, Tore Steen, replaces Nada Co-Founder and current CEO John Green, who will transition to COO.
MORE
The Last Word: Nada’s John Green on Making the $27T Home Equity Market More Accessible
Green is the former leader singer of a punk rock band, who toured the world and put out two albums in his early twenties. But now he's taking the stage in a different way—by leading his startup Nada into the $27 trillion home equity market.
MORE
Dallas-Based Nada Closes $8.1M Seed Round to Make Real Estate Investments More Accessible to All
by | Jul 27, 2022
Nada's Cityfunds enable people to invest in single-family rental homes and fractionally invest in owner-occupied homes in Dallas, Austin, and Miami. With the new funding, Nada plans to expand Cityfunds to six new cities, grow its Oak Lawn-based staff to around 60, and develop a home equity-accessing debit card.

“We fundamentally believe that we can make a material difference to people's lives by making real estate as an asset more accessible,” co-founder and CEO John Green told Dallas Innovates.
MORE
Real Estate Tech Startup Nada Relocates Dallas HQ as it Looks to Quadruple Headcount
by | Mar 1, 2022
The startup's new digs in Oak Lawn will give it room to grow its workforce from 15 to around 50 by end of year. Enabling people to invest in single-family rental homes and fractionally invest in owner-occupied homes, Nada has attracted over $2 million from investors into its Cityfunds in Dallas, Austin, and Miami. Now it's expanding to Houston and other cities, launching a debit card, and expecting new funding soon.
MORE