Real estate technology company receives investment from top VCs including Founders Fund and Lux Capital for national expansion of its MLS and brokerage technology platform
NEW YORK, Dec. 8, 2021 /PRNewswire/ — Perchwell, the premier data and workflow platform for the residential real estate industry, today announced a $15 million Series A funding round led by Founders Fund. Additional investors in the round include Lux Capital, Matterport, and California Regional MLS, the largest MLS in the United States. Perchwell will use the funds to expand its product and engineering teams, and to drive expansion into geographies beyond its home market of New York City.
“Perchwell is bringing real estate into the twenty-first century” said Keith Rabois, General Partner at Founders Fund.
As real estate evolves at an increasingly fast pace, agents are demanding innovative tools to better serve their clients and build their businesses. Perchwell’s data and technology platform empowers agents with the tools they need to thrive in today’s market. Perchwell first launched in NYC and quickly became the technology platform of choice among the city’s top local and national brokerages including Sotheby’s International Realty, Berkshire Hathaway HomeServices, and Serhant.
Perchwell was subsequently selected by the Real Estate Board of New York (REBNY) to operate its Residential Listing Service, NYC’s de…