Point
“Point provides the opportunity to stabilize your financial situation without adding costly monthly payments.” - Homeowner in Burlingame, CA
Here at Point, we’re helping homeowners unlock the equity in their homes without taking on further debt. With an investment from Point, homeowners can de-leverage and diversify their wealth, freeing them up to invest in their business, renovate and maintain their home, eliminate debt, and tackle all of life’s expenses from college tuition to medical bills. Our equity investment product is an advantageous alternative for homeowners and investors alike. When partnering with Point, investors now have access to a brand new asset class - homeowner-occupied residential real estate. Point is the first fintech product that is truly aligned with consumers’ interests - when the homeowner does well, Point and its investors do well.
People first
As a consumer fintech company, we embed integrity, transparency, and trust into everything we do at Point, including how we work. Whether you’re a homeowner, investor, employee, or candidate, it’s people who power our business. We keep the human experience top of mind.
Experts at work
We’re on a mission to help the 23 million equity-rich, but cash-constrained Americans tap into their home’s wealth. To do so, we have experience and expertise in all areas of the business, especially at the helm. Point’s leadership have previously founded TrialPay (acquired by Visa), Yub (acquired by Coupons.com), Metails (acquired by Buy.com), SiteAdvisor (acquired by McAfee), Affirm, SendGrid (acquired by Twilio), and TXN (acquired by Envestnet).
Championed by the best
In 2019, Point closed a $22M Series B led by Prudential Financial, DAG Ventures, and Andreessen Horowitz. We’ve received funding from Ribbit Capital, Greylock Partners, SV Angel and Bloomberg Beta as well.
You will be an integral part of a tight-knit engineering team working to design and implement new features, improve our architecture and take the lead to launch new products.
As a Point engineer, you should expect to:
Design and engineer the marketplace tech to make shared equity financing a great option for homeowners and investors
Collaborate with the design team and product managers to create an engaging and transparent customer experience
Build analytics tools to capture and use data to drive risk and pricing algorithms and inform marketing spend
Automate data collection from multiple vendors and data sources and organize and index that data
Streamline the underwriting process to improve efficiency and accuracy while delivering cash to homeowners faster
We inject integrity, transparency, and trust into everything we do, including how we treat each other. We make an effort to go above and beyond at every opportunity and view our missteps as a chance to learn. We recognize it is our people - homeowners, investors, and Pointers - who keep our business running and drive us to our next milestone. Our people-first lens guides us through every company, business, and product decision.
Take time for yourself and your family when you want - Point has an unlimited vacation policy.
Many team members work from home once a week. We care about productivity and accountability, not face time.
Point provides platinum-rated plans for medical (Anthem Blue Cross or Kaiser Permanente), dental (Delta), and vision (Guardian). We cover 99% of employee premiums and 75% of dependent premiums.
In addition, all employees will be added to our long-term disability and life insurance policy immediately upon hire with The Standard. The policy will pay 60% of the first $8,333 of monthly salary after 90 days of disability and/or $100,000 in the event of your death, subject to policy exclusions. (Note that short-term disability coverage is available to employees through the California SDI program.)
Point participates in the Caltrain GoPass program which provides an unlimited train pass for work and personal travel. Alternatively, team members commuting by car will receive a free parking permit.
Point will top off California PFL earnings to full salary for up to six weeks, as well as two weeks of fully paid leave to be available after exhaustion of CA PFL. An employee can take reasonable vacation time in addition to the California PFL leave.
We offer a $7,000 relocation stipend if you are moving from outside the Bay Area.
We have an open floor plan for easy collaboration and plenty of free drinks and snacks to keep you nourished throughout the day. Additionally, Point provides catered lunch every Monday and Wednesday.
Point provides a $75.00 monthly stipend to cover a ClassPass membership - see you at Barry’s Bootcamp!
We encourage all team members to attend events hosted by our investors, external workshops and conferences. We believe in continuous improvement and want to support employees on their professional journeys.
We host quarterly happy hours with philanthropic activities to give back to our community as well as, semi-annual all company offsites!
We provide catered lunches every Monday and Wednesday!
- https://www.wsj.com/articles/the-hidden-cash-in-your-assets-1493085902
- https://techcrunch.com/2017/05/16/cadre-and-point-are-betting-that-the-best- way-to-innovate-in-real-estate-is-to-disrupt-the-market/
- https://finance.yahoo.com/news/vc-backed-startup-wants-to-unlock-an-18- trillion-asset-class-170825734.html
- http://video.foxbusiness.com/v/5122872574001/?playlist_id=3166411554001
- https://www.washingtonpost.com/realestate/financial-technology- entrepreneurs-offer-cash-for-future-home-equity/2016/09/20/eb391e08-7e8a- 11e6-9070-5c4905bf40dc_story.html
- https://venturebeat.com/2019/03/20/point-raises-122-million-to-extend-equity-financing-to-homeowners-and-buyers/
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