Compass, the New York-based startup with the goal of disrupting the real estate market, has raised $450 million at a $2.2 billion valuation.
Real estate startup Compass has raised $450 million from SoftBank at a $2.2 billion valuation.
The money will be used to expand where Compass operates.
Compass, the New York-based startup with the goal of disrupting the real-estate market, has raised $450 million at a $2.2 billion valuation.
The new money, which comes from Japanese conglomerate SoftBank’s $100 billion tech fund, will be used to bring the Compass platform to more cities than the 11 areas where it now operates.
“With the support of the SoftBank Vision Fund, we will be able to move quickly to execute our ‘Compass Everywhere’ vision, partnering with top agents and their clients in every major U.S. city,” Compass founder Ori Allon said in a statement shared with Business Insider.
Tech: A NYC startup that wants to make finding a home easier just raised $450 million at a $2.2 billion valuation
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