Real estate platform Backflip secured $15m in Series A funding led by FirstMark Capital, enabling over 900 property flips since mid-2022.

Backflip, a real estate platform enabling property flipping, secured $15m in a Series A funding round led by FirstMark Capital. The app has funded over 900 homes since mid-2022, with members reporting an average gross profit of $82k per property. The company's tech and capital solutions help investors manage investment pipelines and secure funding, working toward profitability.