Amitree, a San Francisco – based maker of an intelligent assistant for real estate deals, secured $7.1m in Series A funding.
The round, which brings total funding to approximately $13m since inception, was led by Vertical Venture Partners with participation from Accel Partners and Tom Gonser, founder of DocuSign and partner at Seven Peaks Ventures. In conjunction with the funding, Gonser joined Amitree’s board.
Founded in 2014 by Jonathan Aizen and Paul Knegten, Amitree, the maker of Folio, an intelligent assistant for real estate transactions, which uses machine learning to process millions of emails and understand what’s going on with every one of an agent’s transactions. It enables agents to manage their workflow, creating smart folders for each transaction that automatically sort an agent’s emails, files, and contacts. When looking at an email related to a transaction, real estate agents see contextual information right inside their email client that contains the transaction timeline, files, contacts, and status.
It has been used by over 30,000 agents to organize their workflow and deliver a better experience to their clients, right from their email inbox.