Compass, a NYC-based real estate technology company, raised $100m in Series E funding.
Backers included Fidelity Investments, IVP, Wellington Management, and other global investors.
The new investment brings the total capital raised to $325m. The company intends to use the funds to accelerate its expansion across the U.S. (with target cities including Atlanta, Austin, Charlotte, Chicago, Dallas, Houston, Philadelphia, Phoenix, San Diego, and Seattle) and increase its investment in technology.
Founded in 2012 by Ori Allon and Robert Reffkin, Founder and Executive Chairman, Compass is a real estate technology company with an end-to-end platform that supports the entire buying and selling workflow. The company operates in 10 regions across New York City, Los Angeles, San Francisco, Boston, Washington, D.C., Miami, Orange County, The Hamptons, Santa Barbara and Montecito, and Aspen.