Real estate tech startup Side raises $50M more at a $2B valuation as it preps for an IPO

Real estate tech startup Side raises $50M more at a $2B valuation as it preps for an IPO

Side, a real estate technology company that works to turn agents and independent brokerages into boutique brands and businesses, has raised “$50 million-plus” in a funding round that doubles its valuation to $2 billion. The latest financing comes just three months after the San Francisco-based startup raised $150 million in a Series D funding round […] …

Side raises $150M at $1B assessment to help property representatives go it alone

Side raises $150M at $1B assessment to help property representatives go it alone

Side, a realty technology business that works to turn representatives and independent brokerages into store brands and businesses, revealed Monday that it has actually raised $150 million in Series D financing. Coatue Management led the round, which brings San Francisco-based Side’s assessment to $1 billion and total funding raised to over $200 million because its […] The round is noteworthy in that the quantity raised is substantially higher than the $35 million Side raised in a Series C round in November 2019. In 2019, Side represented over $5 billion in yearly home sales across all of its partners. Side’s white label model works with representatives and teams by specifically marketing their boutique brand, while likewise providing the required technology and support needed on the back end.”Leading producers desire to grow and distinguish, and brokerages desire them to do less business at greater charges and be one more of the very same under the same brand,”Gal said.