NYC-based Orchard, which offers cash to homebuyers upfront for a new home before selling their old one, raises $100M Series D at a valuation of more than $1B (Patrick Clark/Bloomberg)

Patrick Clark / Bloomberg:
NYC-based Orchard, which offers cash to homebuyers upfront for a new home before selling their old one, raises $100M Series D at a valuation of more than $1B  —  – Company raises $100 million in round led by Accomplice  — Modernizing housing market is ‘capital intensive,’ CEO says