Better

New York

Better.com is a digital-first homeownership company whose services included mortgage, real estate, title, and homeowners insurance.

Better's valuation today

Estimated valuation today

$24B

+433.67% since last round

Calculated based on estimated multiplier and revenue.

Estimated multiplier for Better

15.89x revenue

Calculated based on public comps and hype multiple.

Revenue

Update this based on your knowledge or projections. Calculations use last 12 months revenue.

million

Hype Multiple

Currently selected comps have a median growth rate of 9.20%

This premium represents how much of a bonus the company receives on its valuation for its additional growth compared to the selected public comps. The valuation is multipled by the Hype Multiple to get the final valuation. You can read more about this from a16z.

multiple

Shares are worth something

In an event of a merger or aquisition, the investors will get their money back first. In this case, the investors got paid out and there was sufficent money left for employees. Everything above this point means you can exercise your options for a profit.

Last round

The last round was 2 years ago.

Date

November 2020

Valuation

$4.5B

Amount raised

$6.5M

Public market comparisons

We estimate company valuation by comparing it to similiar companies in the public market. The revenue multipler is calculated by taking a company's current valuation and dividing it by its total revenue.

Multiple at last round

11.40x revenue

Today's multiple

10.59x revenue

Change

-7.08%

Companies

Industry – Real Estate

Last updated 5 mins ago.

RemoveNameTicker Price multiple
Better

10.59x
American Tower Corp

AMT

12.22x
Prologis Inc

PLD

17.89x
Crown Castle International Corp

CCI

11.41x
Equinix Inc

EQIX

9.77x
Public Storage

PSA

15.25x
Valuation history
Fundraising rounds
DateRound Amount raised
Price per share (Preferred)
Valuation
Nov 2020Series D-4, D-5$6.48MM$14.39$4.51B
Nov 2020Series D-2, D-3$5.59MM$8.72$4.51B
Nov 2020Series D, D-1$187.93MM$16.93$4.01B
Aug 2019Series C, C-1$125.81MM$3.42$868.37MM
Aug 2019Series C-7$4.82MM$3.42$868.37MM
Aug 2019Series C-6$7.74MM$2.74$868.37MM
Aug 2019Series C-5$6.57MM$2.46$868.37MM
Aug 2019Series C-4$744.79K$2.39$868.37MM
Aug 2019Series C-3$7.74MM$2.74$868.37MM
Aug 2019Series C-2$6.57MM$2.46$868.37MM
Feb 2017Series B-1$8.2MM$2.00$220MM
Feb 2017Series B$26.01MM$2.00$220MM
May 2016Series A-1$8.16MM$1.00$200MM
May 2016Series A$30.7MM$1.00$200MM

With a revenue of $1.5B and a Hype Multiple of 1.5x,
Better is estimated to be worth $24B.