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Compass, which runs an integrated software platform that serves real estate agents in the residential market, has seen a surge in online home transactions during the COVID-19 pandemic. The firm aims to raise up to $936m in the IPO, selling 36 million Class A shares priced between $23 and $26 per share, it said in a filing.
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The company has raised $1.5 billion from investors including SoftBank, Goldman Sachs and Canada Pension Plan Investment Board. It was valued at $6.4 billion after its $370 million funding round in 2019.
https://www.reuters.com/article/us-compass-ipo-idUSKBN2BF16G
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