Data Driven PropTech RealReports Raises $2M in Seed Funding

February 7, 2024
Share this Post: 

US-based data-gathering real estate platform RealReports has raised $2M in seed funding to expand its operations and pursue new partnerships nationwide.

TTV Capital, Moderne Ventures, Erez Capital and other venture capital firms led the round.

RealReports markets itself as a premium, AI-powered property report, complete with data agents won't find anywhere else. Reports are powered by over 30 best-in-class providers, while "Aiden", an AI real estate copilot, complements the service with actionable insights to specific requests.

The company will use the capital to accelerate product development, grow its team and penetrate new markets with real estate brokerages, MLS associations and other PropTechs around the United States, to improve lead generation potential for its agent users.

Agents can pay $9 a month to subscribe to a basic package, or $49 a month for a pro package that lets them create up to 10 Premium monthly reports.

James Rogers, co-founder and CEO at RealReports, said:

"We are thrilled to have such engaged and helpful investors join us in this round, and are more confident than ever before about our path forward."

Other backers of RealReports include CMS, Fortified Ventures, Launch, and SNR.

Rogers is also the co-founder and CEO of Torii, an all-in-one real estate brokerage.

Read more

February 7, 2024
Harvey is an experienced property journalist and copywriter. He has written about the property industry since 2015, starting at The Property Franchise Group in the UK, before moving to Spain to work for Spotahome. He has blogged for the private rented sector, ghostwritten for UK property experts and written case studies for franchise owners around the UK. Harvey joined Online Marketplaces as a News Editor in 2022.

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

Investment And Funding Roundup 19 July 2024
Investment and Funding Roundup: Lhoopa, StudentTenant, Renters.pl

We've spotted three significant funding and investment movements this week, from an $80 million round in South Asia and two...

Read More
Product Roundup 19 July 2024
Product Roundup: SeLoger, SMG, OnTheMarket, Zoopla, BCG, ViewIT

We've spotted six interesting stories around the world in this week's Product Roundup, including some healthy competition in the UK....

Read More
Costar And Realtor.com
Move Inc. Files Injunction Request Against Unimpressed CoStar

Move Inc. has filed a motion for a preliminary injunction against CoStar and its former employee James Kaminsky from "any...

Read More
Carousell
Carousell Losses Shrank 40% in 2023 as Recommerce Business Grew

The Southeast Asian e-commerce and classifieds operator Carousell saw revenue rise by 40.5% year-on-year in 2023 according to newly released...

Read More

Editor's Pick