Total amount raised
$15 Millions
Latest funding date
08/01/2021
Location
Perchwell has successfully raised significant funding to support its modern data and workflow solution for real estate professionals. The platform offers clean data and seamless collaboration, all in one place.
Keep reading to explore the intricacies of Perchwell's fundraising journey and the investors backing this innovative platform.
What Is Perchwell?
Perchwell, founded in New York City, offers a modern data and workflow solution for the real estate industry. The platform integrates disparate data and intelligent workflows, providing tools for brokers and MLS members to enhance their service and close more deals.
Founded by industry experts, Perchwell is committed to delivering clean data and seamless collaboration. The company also offers fully-featured iOS and Android apps, allowing real estate professionals to work on the go.
With a dedicated team, Perchwell continues to innovate and support its growing user base. For more information, visit their official website or their profile on wellfound.com.
How Much Funding Has Perchwell Raised?
- Series A
- Amount Raised: $15 million
- Date: December 2021
- Lead Investors: Founders Fund
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale Perchwell's real estate data and workflow platform nationally.
Total Amount Raised: $15 million. Current Valuation: Not publicly disclosed.
Key Investors
- Founders Fund
- Details: Founders Fund is a venture capital firm known for investing in companies that are building revolutionary technologies. It was founded by Peter Thiel, Ken Howery, and Luke Nosek.
- Investment Focus Areas: Technology, healthcare, aerospace.
- Notable Investments: SpaceX, Palantir Technologies, Airbnb.
- Matterport
- Details: Matterport is a spatial data company that focuses on digitizing and indexing the built world. They provide 3D data solutions for various industries.
- Investment Focus Areas: Real estate, construction, insurance.
- Notable Investments: Not publicly disclosed.
- Lux Capital
- Details: Lux Capital is a venture capital firm that invests in emerging science and technology ventures. It was co-founded by Peter Hebert and Josh Wolfe.
- Investment Focus Areas: Biotechnology, energy, advanced materials.
- Notable Investments: Auris Health, Zoox, Kallyope.
- California Regional MLS
- Details: California Regional MLS is the largest multiple listing service in the United States, providing real estate professionals with access to comprehensive property data.
- Investment Focus Areas: Real estate technology, data services.
- Notable Investments: Not publicly disclosed.
What's Next for Perchwell?
Perchwell stands at the cusp of a significant opportunity to scale its real estate data and workflow platform nationally. With $15 million raised in its Series A round, the company is well-positioned to expand its operations and enhance its offerings. The involvement of prominent investors like Founders Fund and Lux Capital underscores the potential for future fundraising rounds as Perchwell continues to grow.
However, the path ahead is not without challenges. As Perchwell scales, it will need to navigate competition from other real estate technology platforms and manage the complexities of national expansion. Maintaining the quality and reliability of its data and workflow solutions will be crucial as the user base grows. Despite these hurdles, the increasing investment in real estate technology and the backing of high-profile investors suggest a promising future for Perchwell.
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