Side, a San Francisco, CA-based real estate technology company that partners agents, teams, and independent brokerages to transform them into boutique brands and businesses, raised $50m in additional funding.
The round, which brought total funding to over $250m and the valuation to $2.5 billion, was led by Tiger Global Management, with participation from Iconiq Capital and D1 Capital Partners.
New funding will accelerate Side’s growth for its technology brokerage platform, while setting the stage for a future IPO.
Led by Guy Gal, CEO, Side allows agents, agent teams and independent brokerages to gain ownership of their own boutique brand and business without having to operate as a brokerage. Developed by industry professionals and engineers, the company’s white-label technology brokerage platform exclusively markets an agent’s business to clients while handling all the back-end implementation including marketing and advertising, brand development, system implementation, listing coordination, legal, insurance, office space, and more.
FinSMEs
29/06/2021