Perchwell, the modern data and workflow platform for residential real estate, today announced its $25 million Series B financing. Lux Capital, who participated in the company’s Series A, is leading the funding and is joined by a group of strategic real estate and financial investors including Starwood Capital Group, Flex Capital, Stellar MLS, REcolorado MLS, and California Regional MLS (CRMLS). The capital influx will accelerate delivering best-in-class software to MLSs and brokerages in New York City and nationwide. Among other features, Perchwell’s product development will focus on AI related to data and workflow enhancements that empower real estate professionals to enhance their services and generate more revenue. (View Highlight)
“At Perchwell, we are elevating the way real estate agents convey value to their clients,” noted Brendan Fairbanks, CEO of Perchwell. “We provide agents with powerful property-centric data in web and mobile platforms under a single seamless solution, empowering them to deliver accurate, precise guidance at a moment’s notice.”
As the real estate industry undergoes significant change and the value of agent services remains under a critical spotlight, MLSs and brokerages are demanding cutting-edge technology and data solutions to better serve homebuyers and sellers. Perchwell offers the modern end-to-end solution, streamlining workflows and providing professionals with state-of-the-art tooling to compete in this evolving landscape. The platform puts the MLS at the center of a modern tech ecosystem and features listing data enriched with supplemental data sets, plug-and-play APIs, powerful market analytics, and comprehensive mobile apps designed to help agents thrive in today’s ever-demanding environment. (View Highlight)
