Overview

Place.com provides a real estate services and technology platform designed for top-tier teams in various brokerages across the United States and Canada. The platform simplifies the process of running a profitable real estate business by offering services that help clients find agents, buy or sell homes, and finance their purchases. A key feature of Place.com is its pre-coaching consultation, where clients are connected with a coach to guide them through the buying or selling process. The technology used by Place.com enhances the property search experience, making it easier and more enjoyable for clients. Unlike many competitors, Place.com focuses on partnering with the best agents in each market, ensuring clients can sell their homes quickly and at the best price. The company's goal is to streamline real estate transactions and provide exceptional service through its extensive network and technology.

Simplify's Take

What believers are saying

• Increased demand for digital transactions boosts PLACE's technology platform adoption.
• Remote work trends expand PLACE's market reach to suburban and rural areas.
• Growing interest in personalized experiences aligns with PLACE's tailored services.

What critics are saying

• Integration challenges from Livian acquisition may disrupt PLACE's operations.
• Multiple partnerships could lead to conflicts of interest or brand dilution.
• Pressure from Series A funding may lead to unsustainable growth practices.

What makes PLACE unique

• PLACE offers a unique pre-coaching consultation for home buyers and sellers.
• The platform partners with top agents, ensuring high-quality service and quick sales.
• PLACE's technology simplifies property searches, enhancing client experience and satisfaction.

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Funding

Total Funding

$100M

Above

Industry Average

Funded Over

1 Rounds

$100,000,000

Series A

Nov 2021

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.

Series A Funding Comparison

Above Average

Industry standards

Ind Avg. $15M

$3.7M

$5M

$8.2M

$15M

$30M

$100M