Brazilian I-Buyer-focused real estate company Loft raised $425 million in a Series D funding round led by D1 Capital, the company said.

Several investors joined the Series D round, including Tiger Global and Monashees, two known investors in Latin American marketplaces. Monashees was an early investor in VivaReal, now part of OLX-Brazil, while Tiger Global invested in real estate and jobs company Navent.

Other investors included Advent International, Altimeter Capital, CPPIB, DST Global, GIC, Silver Lake, Soros, Tarsadia Capital, Andreessen Horowitz, Caffeinated Capital, Fifth Wall Ventures, QED Investors, Vulcan Capital and Zigg Capital.

With the new round, Loft is now valued at $2.2 billion U.S. The company labeled itself as one of the biggest IBuyers outside the U.S. and China. Loft said it will use the funding to increase the density and quantity of listings in the neighborhoods of São Paulo and Rio de Janeiro.

Loft lists 13,290 apartments in both Rio and São Paulo cities. The company also has its eyes on other Brazilian cities.

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