FlyHomes, a Seattle, WA-based real estate and technology company, raised 4m in Series A venture capital and debt funding.
Mark Vadon, the serial Seattle entrepreneur behind Blue Nile and Zulily, led the $2m investment round, with participation from existing and new investors Pritzker Group Venture Capital and Al Goldstein, the CEO & Co-Founder of Avant. The company also raised an additional $2m of debt financing. In conjunction with the funding, Vadon, will join FlyHomes Board of Directors.
The company intends to use the funds to expand its marketing efforts and accelerate product development.
Led by Tushar Garg, Co-Founder and COO, FlyHomes is a real estate and technology company that has built a buyer’s platform providing every client a dedicated local expert that works alongside specialists in pricing research, negotiations, marketing, touring, and software engineering.
The company’s technology, partnerships, and team-based approach allows homebuyers to take on-demand tours, close within 7-days, and regularly win offers at a lower price than using a traditional real estate firm.