Former Trulia CEO Leads two Strategic Funding Rounds

March 23, 2021
Share this Post: 

Former CEO of Trulia, Pete Flint has been dishing out investments, backing a number of companies, and supporting technology innovation where he can. Two such companies are Instashowing, a showing management startup that has seen an increase in popularity in recent months, and Lev Capital, an online financing platform for commercial real estate that utilizes data and automation to help property owners and investors source financing. 

For Instashowing, Flint, along with real estate coach, Tom Ferry, partnered up with Howard Hanna Real Estate Services President Howard W. “Hoby” Hanna, IV, former Contractually CEO Zvi Band, former dotloop CEO Austin Allison, and Greg Schwartz, Founder and CEO of real estate technology startup Tomo to raise $1.5 million. 

Flint said: 

“Our funding and strategic support will allow Instashowing to rapidly expand its offerings and deepen its integrations with [multiple listing services] and brokers everywhere. The timing for this innovative solution couldn’t be better, and I am thrilled to be a part of Instashowing’s explosive success!”

When it comes to Lev Capital, through investors including brokerage JLL and a group of former executives from Trulia and LoopNet that includes Flint, the financing platform raised $10 million.

Leading this round as well, was Flint’s venture capital fund, NFX, with participation from JLL Spark and Canaan Partners, where Rich Boyle, a former CEO of LoopNet, is now a managing partner, as well as returning backers, Amino Ventures, and Ludlow Ventures. 

Read more

March 23, 2021
Victoria has been writing about property portals and marketplace sites for Online Marketplaces for over 3 years. She is also our resident artist and is responsible for all of the infographic content on the site.

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Hiring Roundup 26 April
People Roundup: Lamudi Philippines, Private Property

This week's hiring roundup is shorter, but our two stories both come straight from the C-suite.   Lamudi Philippines hires...

Read More
Funding Roundup 26 April
Funding Roundup: Zefir, Jubenial

This week's funding roundup includes another iBuyer that is no longer an iBuyer, and an interesting marketplace for the older...

Read More
Product Roundup 26 April
Product Roundup: Zillow, Dubizzle, Lifull, Homming, Homesearch

The portal wars accelerated in earnest in this week's product roundup, while we've spotted two more "money-focused" updates from Dubizzle...

Read More
Nar Settlement To End Buyer Agent Commissions
Judge Approves $418M NAR Settlement—Buyer Commissions to be Eliminated?

In a major change to the industry, home sellers in the United States will no longer be required to offer...

Read More

Editor's Pick