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A post-IPO trip into the Compass archives therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.
Zigg Capital Closes $225M Proptech Fund therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.
News Category Global Banking & Finance Reviews Mobile-First Real Estate Brokerage Avenue 8 Debuts with $4M Seed Funding Led by Craft Ventures, Zigg Capital, and Good Friends Mobile-First Real Estate Brokerage Avenue 8 Debuts with $4M Seed Funding Led by Craft Ventures, Zigg Capital, and Good Friends Avenue 8, the only mobile-first residential real estate brokerage built expressly for modern agents, today announced it has raised $4 million in seed funding led by Craft Ventures, Zigg Capital, and Good Friends, the early-stage fund from the founders of Warby Parker, Harry’s, and Allbirds that invests in businesses with a consumer lens. Designed from the ground up to be the most efficient and user-friendly digital real estate platform for agents, Avenue 8s subscription-based model gives agents the tools and support they need to be successful and enables them to keep more of their commission. After a quiet beta rollout in the San Francisco Bay Area and greater Los Angeles ....
Avenue 8 raises $4M to rebuild the traditional real estate brokerage model We’ve seen a big wave of proptech startups emerge to reimagine how houses are bought and sold, with some tapping into the opportunity with distressed property, and others exploring the “iBuyer” model where houses are bought and fixed up by a single startup and resold to homeowners who don’t want to invest in a fixer-upper. But the vast majority of homes are still sold the traditional way, by way of a real estate agent working via a broker. Today, a startup is announcing that it has raised seed funding not to disrupt, but improve that basic model with a more flexible approach that can help agents work in a more modern way, and to ultimately scale out the number of people working as agents in the market. ....