DepositLink, a Boston, MA-based digital payment platform for the real estate industry, closed a $3.0m Series Seed 2 funding.
Unnamed angel investors participated in the round.
The company intends to use the funds for platform development, sales, marketing, and customer success to accelerate market penetration and expand deployments within existing accounts.
Led by Jay Rooney, CEO and Founder, DepositLink is a mobile responsive digital payments solution for real estate businesses. With DepositLink, real estate and title companies can collect earnest money deposits, send commission payments, issue refunds, and request rental deposits digitally. Payments made on the platform deliver good funds through the ACH network in less than one business day.
DepositLink operates in all 50 states. Clients include some of the nation’s largest real estate brands such as Berkshire Hathaway HomeSevices, Century 21, Coldwell Banker, Compass, Douglas Elliman, ERA Real Estate, EXIT Realty, eXp Realty, HomeServices of America, HomeSmart, Keller Williams, RE/MAX, Sotheby’s International, and William Raveis.
FinSMEs
26/07/2022