Latest round lifts real-estate brokerage’s valuation to $6.4 billion, indicates firm is nearing IPO
Compass raised $370 million in a deal that increases the real-estate brokerage’s valuation to $6.4 billion and indicates the firm is nearing an initial public offering.
Compass announced its latest funding round Tuesday and said it increased its total capital raised to more than $1.5 billion since it launched in 2012. Investors participating in the round include Dragoneer Investment Group. Some of the firm’s existing investors, such as SoftBank Vision Fund, Canada Pension Plan Investment Board and the Qatar Investment Authority,...
Posted on 07/30/2019 at 02:00 AM
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