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NYC based real estate brokerage platform has raised $400m in venture financing at a $4.4b valuation from SoftBank's Vision Fund, Qatar Investment Authority, and others.
This latest tranche comes less than a year after the New York-based startup raised $450 million from the very same SoftBank fund and takes its total capital raised since inception to $1.2 billion. The company is now valued at $4.4 billion, double its valuation last December. Another notable facet of this announcement is that it comes on the same day SoftBank has emerged as lead investor on a $400 million investment in fellow real estate startup OpenDoor and a week after Zumper nabbed $46 million (though not from SoftBank). It’s fair to say that the real estate market is hot.
