Roofstock, Inc. announced that it has entered into series E preferred stock purchase agreement and will issue 10,174,629 series E preferred shares at a price of $29.4851 per share for gross proceeds of $299,999,953.5279 on December 27, 2021. The shares carry non-cumulative, and participating fixed dividend rate of 8% per share. The shares will be convertible into common shares at a fixed conversion price of $29.4851 per share.

The round will be raised at a post-money valuation of $1,870,961,305.