MoxiWorks, a Seattle, WA-based real estate technology platform, raised growth equity funding from Vector Capital, a private equity firm with more than $4 billion under management that specializes in transformational investments in technology businesses.
The amount of the deal was not disclosed.
Vector Capital, along with existing shareholder-customers Windermere Real Estate, Howard Hanna Real Estate Services, and Long & Foster Real Estate, plan to leverage the MoxiWorks platform to accelerate growth and pursue acquisitions.
Led by York Baur, CEO, MoxiWorks is a comprehensive open platform that serves large residential real estate brokerages in the U.S. The company’s SaaS products include its sphere-based CRM, MoxiEngage, leading CMA product, MoxiPresent, a recruiting system, marketing suite, websites, intranet, and the renowned MoxiCloud open platform.
The company’s products allow brokers, agents, and teams to increase productivity, lower costs, and better manage the home buying and selling process.