Stake Network Acquires UMoveFree and Closes $8M Financing
March 12, 2026
Stake, the network for renters, closed $8 million in new debt and equity financing and followed it by acquiring Lighthouse’s subsidiary UMoveFree. The deal expands Stake’s AI-powered renter network with Cash Back apartment search and leasing services in order to help renters find savings earlier in the housing journey.
- Buyers
- Stake Network, Inc., LAGO, RET Ventures, Bluefield Capital, Hamilton Ventures, Gaingels, Hub Angels, Second Century Ventures
- Targets
- UMoveFree, Lighthouse, Lighthouse’s subsidiary UMoveFree
- Sellers
- Lighthouse
- Industry
- Cloud & SaaS
- Location
- Texas, United States
- Transaction Type
- Buyout
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