Gravy Raises $2.6M in Seed Funding


Gravy, a St. Louis-based app for renting and homeownership, was launched from beta funding and $2.6M seed financing.

The identities of the backers have not been disclosed.

Gravy was established in 2021, by Will Dunn and Jeff Dinter. The company allows renters save for a downpayment and earn rewards towards their future home purchases. They also help them learn more about home buying and how to finance it. The company partners up with national agents and lenders that specialize in first-time buyers. Renters across the country can use the app.

Gravy’s flagship feature, Gravy Rewards, is a loyalty program where members can earn money toward their future home purchases. Once members are ready for purchase, they can connect to the national network of real-estate agents and lenders that specialize in helping renters get their first home.

Get latest news from African Startup ecosystem

Latest stories

You might also like...