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Summary*

Orchard, founded in 2017 and headquartered in New York, is a company revolutionizing the real estate industry by simplifying the process of buying and selling homes. The company offers innovative services such as home search tools, the ability to buy a new home before selling the current one, and personalized online dashboards for managing the entire process, all supported by Orchard's real estate agents.

Since its inception, Orchard has demonstrated significant growth and investor interest. The company has successfully raised $458.5 million in total funding across multiple rounds, with its most recent Series D round in September 2021 securing $100 million at a valuation of $1 billion. This funding round was led by notable investors including Accomplice, First American, FirstMark Capital, Juxtapose, and Revolution.

Orchard operates in the competitive E-Commerce Marketplace sector within the Internet industry. The company faces competition from other real estate technology firms such as Opendoor, Redfin, and HomeLight. Despite the competitive landscape, Orchard has managed to carve out a niche for itself with its unique offering and customer-centric approach.

While there is currently no official information available regarding Orchard's IPO prospects, the company's substantial funding rounds and unicorn status suggest it may be positioning itself for future growth opportunities. However, it's important to note that many factors can influence a company's decision to go public, including market conditions, company performance, and strategic objectives.

Investors interested in the potential of investing in Orchard stock should keep an eye on official announcements from the company regarding any plans for going public. As with any investment decision, it's crucial to conduct thorough research and consider various factors before making any financial commitments.

How to invest in Orchard

While Orchard's IPO prospects remain uncertain, investors eager to gain exposure to innovative real estate technology companies don't have to wait. At Linqto, we offer members access to interests in pre-IPO private companies, including potential leaders in the proptech sector. Our platform allows you to diversify your portfolio with lower minimum investments in emerging industry disruptors like Orchard, potentially benefiting from their growth before they go public.

*These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO. The information provided above is based on current online discussions and is not intended as investment advice. Linqto does not endorse or guarantee the accuracy of this information, and we strongly recommend conducting your own research or consulting with a professional advisor before making any investment decisions. Linqto cannot be held liable for any investment outcomes resulting from the use of this information.