SimpleShowing, an Atlanta, GA-based real estate startup, raised $1M in funding.
This capital raise was conducted via Republic, an SEC licensed, FINRA-member investment portal, where startups raise funds from retail investors, customers, and fans of the brand.
The company intends to use the funds to extend the functionality of its platform and expand geographically via a combination of direct and affiliate agents.
Led by Fred McGill, Co-Founder and CEO, SimpleShowing is a real estate technology startup providing a website and mobile home buying and selling platform.
By utilizing the company’s homebuying platform, customers can shop for properties online, schedule home tours on demand, and access select properties independently, without a real estate agent.
SimpleShowing also works with consumers that are selling their home. The company, which is licensed as a full service brokerage, charges home sellers a 1% listing fee that is collected at closing, upon completion of a successful sale.
The company currently has 7 full-time employees and dozens of local, top-rated real estate agents.
Since launching in 2017, SimpleShowing has raised $1.5M in total funding with notable investors including Bill Smith, Founder & former CEO of Shipt.com.