Agent Ace, a Santa Monica, CA-based data-driven real estate agent recommendation service, closed its Series A funding.
Backers included March Capital Partners and Triangle Peak Partners.
The company, which has now raised over $6m, intends to use the funds to expand nationwide.
Launched in May 2013, Agent Ace uses historic home sale data to match homebuyers and sellers with real estate agents for their specific home. It does not accept advertising dollars from agents or have any sort of preferred agent group. They study the historical sales of all agents and base its recommendations purely on agent performance within a client’s specific criteria.
Agent Ace is free to customers, as its revenue comes only from the proceeds of the deal only upon closing.
The company recently expanded its service offerings beyond Los Angeles to cover over 75 major U.S. metro areas, including Washington DC, Miami, San Francisco, Chicago, and Atlanta, with more to be added in months to come.
Agent Ace is a licensed real estate broker in 43 states.