Countdown To Buy Raises $1.1M
Published On December 16, 2009 |
Countdown To Buy, a Bethel, CT-based online real estate marketplace, announced that it has secured over $1.1m in funding from investors.
The company will use the funds to expand its market strategy and enhance operational capacity.
Commenting on the financing, Tom Furey, Managing Partner of Countdown To Buy, was reported to say: “This is an important milestone for our company, one that validates both our technology and business model. “We are excited about expanding our relationships within the real estate community.
“In addition, by expanding our platform we can leverage the efficiencies of our model and further benefit the leading banks and servicers with which we are partnering”.
Founded in 2008, the company uses a patent pending technology that automatically matches buyers and sellers in a real estate transaction through a time-limited process that reduces the property’s list price 1% per day.