Curbio Raises $7M in Series A Funding

curbioCurbio, Inc., a Potomac, Md.-based real estate technology company that specializes in pre-sale home renovation, secured $7m in Series A funding.

The round was co-led by Camber Creek and Brick & Mortar.

The company, which has raised $13.6m in total funding, intends to use the capital to build out its proprietary technology and expand to new cities.

Founded in late 2017 by Matt Siegal and Rick Rudman, Curbio is a home renovation technology company that specializes exclusively in helping Realtors and their clients prepare their homes for sale in order to reduce days on market and increase seller proceeds. The platform provides real-time project communication and updates via comments, pictures and video and complements these benefits with a design-build process, which includes complete project management, pre-selection of materials and renovation choices.

Curbio currently serves the District of Columbia and surrounding suburbs of Maryland and Virginia, Greater Baltimore, Atlanta, Dallas, Houston, Phoenix, Orlando and the Greater Philadelphia and South Jersey metropolitan region.
The company plans to complete over 1,000 renovation projects in 2020 while doubling city expansion in 2020 and 2021.

 

FinSMEs

09/08/2019

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