RealScout Raises $6M in Series A Financing

reslscoutRealScout, a Mountain View, CA-based home search platform, raised $6m in Series A financing.

The round was led by DCM, with participation from Formation 8, Ken DeLeon and Matthew Moore. In conjunction with the funding, DCM partner Osuke Honda joined RealScout’s board of directors.

Led by Andrew Flachner, CEO, RealScout provides a real estate technology platform that allows agents to manage more clients via a lightweight CRM and natural language email marketing software. Features include: a home search that lets home buyers find properties by preferences that matter to them — like homes with big backyards; agents search; custom, natural-language property alerts that engage buyers; a dashboard that monitors buyer search activity so agents can proactively respond to their client’s changing desires; and an agent-branded mobile app for iOS.

The company has recently expanded its market coverage to Seattle and secured relationships with real estate brokerages, including Sotheby’s International Realty in Burlingame, Zephyr Real Estate in San Francisco, Realty One Group in the East Bay, Carmel Realty in Carmel and Century 21 Bundesen in Petaluma.

FinSMEs

18/11/2014

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