Rental Platform Divvy Homes Raises $110M Series C

San Francisco rent-to-own housing startup Divvy Homes has secured $110 million in Series C funding. The round was led by Andreessen Horowitz with participation from GGV Capital and Caffeinated Capital. Divvy helps renters build toward homeownership by allowing them to rent homes with the option to buy. The company operates in 16 markets and plans to expand to additional cities.