PPearl Certification certifies high-performing homes through third-party assessments, partnering with energy-efficiency providers and real estate professionals to validate and market homes that are healthy, comfortable, resilient, and energy-efficient. Its certification process involves a network of qualified contractors to improve home performance and measures the value of energy efficiency and solar investments by highlighting their impact on resale price and appraisal. Unlike standard home ratings, Pearl links certification to market outcomes, helping homes sell for higher prices and guiding real estate marketing and appraisals. Revenue comes from certification fees and partnerships, with a business model that aims to increase the sale price of homes by 5% or more. Pearl’s overarching goal is to transform the residential market by certifying 10% of the U.S. housing stock by 2030, thereby equipping homeowners to improve health, comfort, efficiency, resilience, and home value.
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Industries
Company Size
11-50
Company Stage
Early VC
Total Funding
$40.2M
Headquarters
Charlottesville, VA
Founded
2015
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Total Funding
$40.2M
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Pearl, a home performance ratings organisation, has powered a new Realtor.com study showing that buyers of newly built homes save an average of $25,335 over 10 years compared to buyers of 20-year-old homes. The savings stem from fewer repairs, better safety and comfort, and lower operating costs. Using Pearl SCORE data, Realtor.com is introducing an interactive tool on new construction listings that provides personalised 10-year savings estimates. The analysis found geographic variations in savings, with Massachusetts leading at nearly $39,000 due to stricter building codes and energy efficiency requirements. Founded in 2013, Pearl rates every US single-family home across five performance pillars: Safety, Comfort, Operations, Resilience and Energy. The ratings are available free to consumers at pearlscore.com.
With attendees donning stunning ensembles, head-turning hats and a spirit of service, more than 500 guests gathered at the Westin Downtown DC on April 27 for the 15th annual Pink Hat Tea Scholarship Fundraiser Luncheon hosted by Pearl and Ivy Educational Foundation, Inc. (PIEF), a community partner of Alpha Kappa Alpha Sorority, Inc.'s Xi Omega Chapter.
The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.The reader should not assume that the information is accurate and complete.
Pearl Certification has added a free, publicly obtainable Inflation Reduction Act Rebates Calculator to its cache of instruments that assist householders throughout the nation save hundreds of {dollars} on energy-efficient house upgrades by way of the 2022 Inflation Discount Act (IRA).
CHARLOTTESVILLE, Va., October 26, 2023 (Newswire.com). -. Pearl Certification, the gold standard in high-performing home certification, welcomes Mark Regier as its new Chief Financial Officer. With extensive experience managing the finances of growing startups, Regier offers unique expertise for evolving a developing startup into scaleup.
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Industries
Company Size
11-50
Company Stage
Early VC
Total Funding
$40.2M
Headquarters
Charlottesville, VA
Founded
2015
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs