There's a startup that has developed a platform for connecting home sellers with their local real estate agents. Clever Real Estate has recently closed a $1 million bridge funding round to help with just that.
St. Louis-based venture capital firm Cultivation Capital, through its Spirit of St. Louis Fund, led the financing round. Existing investors also participated, including Bill Schmidt, managing partner of Cultivation Capital; Pat Steinlage, managing partner of Pinpoint Holdings; and Bill Donius, the former CEO of Pulaski Bank. The bridge funding round follows a $500,000 seed round that Clever closed earlier this year.
“Almost all of Clever’s original investors participated in our current round,” Ben Mizes, CEO of Clever Real Estate, said in a statement. “These are the investors who understand the company’s position best, and their confidence speaks to what our team has been able to accomplish since last April.”
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