TurboAppeal, a Chicago, IL-based provider of software for property owners to pay taxes, raised $4m in Series A funding.
The round was led by Guaranteed Rate, with participation from Barbara Corcoran Venture Partners, Garland Capital, Camber Creek, Hyde Park Venture Partners, @properties and other strategic real estate technology investors.
The company will use the funds to expand operations nationwide in 2017, and grow both its consumer and commercial lines of business by developing new products and services.
Founded in 2015 and led by CEO Badal Shah, COO John Guidos and CTO Scott Beason, TurboAppeal provides a technology platform for consumers and businesses to appeal property taxes. In 2016, the company has opened an additional office in Miami and announced a strategic partnership with Paradigm Tax Group, the national real estate consulting firm.