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Landed

White-labeled shared appreciation down payment programs for employers

Y CombinatorWinter 2016AcquiredFintechCredit and LendingFintechProptech

What they do

Problem

Employers struggle to help employees afford home down payments, which hurts recruitment and retention.

Solution

Landed provides white-labeled, shared-appreciation down payment assistance programs that create a recyclable pool of capital for employee homebuyers.

Who it's for

Employers and institutions that want to offer homeownership benefits to their employees.

Founders

Jonathan Asmis
Founder

Jonathan grew up in Toronto, where he started his career as a biomedical engineer making vaccines. Looking for something a little faster paced, Jonathan oriented his work to finding intersections of public good and structured financial products. Jonathan worked on social impact bonds and securitizing energy storage revenues before making his way to Landed. Jonathan is a proud graduate of the University of Toronto and Stanford Business School.

Alex Lofton
Founder

The son of a 4th grade teacher and a social worker, Alex Lofton worked on President Obama's field team in '07-'08, managing hundreds of paid staff who organized thousands of volunteers for the then-Senator's successful election campaign. He held leadership positions at numerous social enterprises and technology start-ups, and, he got his start in real estate at developer Forest City. He holds a B.A. from Northwestern and an MBA from Stanford, and he's a proud graduate of WA state public schools.

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