Compass, a NYC-based real estate technology company, is to receive a $450m investment from SoftBank Vision Fund.
The investment will bring the total capital raised to $775m.
Compass, a NYC-based real estate technology company, is to receive a $450m investment from SoftBank Vision Fund.
The investment will bring the total capital raised to $775m.
The company will use the capital to expand to every major U.S. city and increase its investment in technology.
Founded in 2012 by Ori Allon and Robert Reffkin, Compass is building a real estate platform, which aims to reduce the friction and frustration associated with selling, buying, or renting a property by providing real estate agents with a set of tools to increase efficiency and sales volume.
The company operates in 11 regions across the United States including New York City, Los Angeles, Chicago, San Francisco, Boston, Washington, D.C., Miami, Orange County, The Hamptons, Santa Barbara and Montecito, and Aspen.
Posted on 12/07/2017 at 08:00 AM
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.