Compass raises $100M on $1.8B valuation, IPO ‘possible’

Compass raised $100 million in a Series E investment round, putting the rapidly growing real estate technology company one step closer to a potential initial public offering, officials announced Wednesday. The latest round of financing from Fidelity Investments, IVP and Wellington Management brings the total capital raised by Compass to $325 million, which will be deployed to fund an aggressive expansion plan into 10 new markets and an array of cutting-edge technology, including a recently announced customized Customer Relationship Management (CRM) platform and targeted digital marketing tools.

Source: https://www.inman.com/2017/11/08/compass-raises-100m-on-1-8b-valuation-ipo-possible/

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Compass is a licensed real estate broker (01991628) in the State of California and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdraw without notice. No statement is made as to accuracy of any description. All measurements and square footages are approximate. Exact dimensions can be obtained by retaining the services of an architect or engineer. This is not intended to solicit property already listed.