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About Perchwell
Industries
Data & Analytics
Real Estate
Company Size
51-200
Company Stage
Series B
Total Funding
$53.5M
Headquarters
New York City, New York
Founded
2015
Overview
Perchwell provides data visualization and analytics tools specifically designed for real estate professionals in the New York City area. The platform transforms large amounts of real estate data into actionable insights, allowing agents to quickly assess market trends and property values. Users can organize their interactions by property and client, facilitating the management of multiple listings and clients at once. Perchwell operates on a subscription model, offering features such as personalized client recommendations and data-driven insights that can be shared through various channels. This focus on technology helps real estate agents enhance their workflow, manage their businesses more effectively, and maintain strong relationships with clients.
Simplify's Take
What believers are saying
- Raised $25M in Series B to enhance AI-driven features and expand services.
- Partnerships with major MLSs like REcolorado boost Perchwell's market reach.
- Growing demand for data analytics in real estate supports Perchwell's business model.
What critics are saying
- Emerging proptech startups may dilute Perchwell's market share.
- Continuous tech updates are costly to maintain competitiveness.
- Data privacy regulations could impact data collection and utilization.
What makes Perchwell unique
- Perchwell offers real-time data insights for NYC real estate professionals.
- The platform integrates AI-driven analytics for precise property-centric data.
- Perchwell's RESO-compliant API enhances data accessibility and interoperability.
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Funding
Total Funding
$53.5M
Meets
Industry Average
Funded Over
2 Rounds
Founders FundIndustry standards
Benefits
Health, dental, & vision
Retirement benefits
Unlimited time off
Remote work flexibility
Growth & Insights and Company News
6 month growth
↑ 1%1 year growth
↓ -1%2 year growth
↑ 0%Perchwell, a data and workflow platform for residential real estate, raised $25 million in Series B funding led by Lux Capital, with participation from Starwood Capital Group, Flex Capital, Stellar MLS, REcolorado MLS, and CRMLS. The funds will enhance AI-driven data and workflow features, aiming to empower real estate agents and improve MLS and brokerage services nationwide. CEO Brendan Fairbanks highlighted the expansion and feature enhancement plans to support agents as trusted advisors.
Today, we’re excited to announce our $25M Series B funding round! As the first new MLS data and software entrant in decades, we’re building our modern…
Perchwell raises $25M in Series B funding.
Perchwell has raised $25 million in a Series B financing round led by Lux Capital, with participation from Starwood Capital Group, Flex Capital, Stellar MLS, REcolorado MLS, and California Regional MLS. The funds will be used to enhance their AI-driven data and workflow platform for real estate professionals, aiming to provide cutting-edge technology and data solutions to MLSs and brokerages nationwide. CEO Brendan Fairbanks emphasized the platform's ability to empower agents with precise, property-centric data.
Perchwell, a real estate data company that works with MLSs, brokers and agents, has raised $25 million in a Series B financing round led by VC firm Lux Capital.
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About Perchwell
Industries
Data & Analytics
Real Estate
Company Size
51-200
Company Stage
Series B
Total Funding
$53.5M
Headquarters
New York City, New York
Founded
2015
Perchwell is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today