Compass raises $75M

What does Compass do?

Compass, is a tech driven real estate platform. This company is building smarter, simpler and more sophisticated real estate experience. This technology driven real estate company places technology at the tips of the clients and agents fingers for streamlining and transforming the process of home finding. It has an elite team of business and tech, real estate professionals, who aim to the best and trusted sources for home seekers.

How much Compass was funded?

The company raised $75M in Series D on August 31, 2016 from .406 Ventures, Thrive Capital, Founders Fund, Wellington Management and IVP (Institutional Venture Partners).

Previous funding

$8M on December 16, 2012 from Founders Fund, Thrive Capital, Goldman Sachs, .406 Ventures, Corigin Ventures,  Cyrus Massoumi and Kenneth Chenault.

$25M in Series A on September 25, 2013 from Corigin Ventures, Founders Fund, Goldman Sachs, Thrive Capital, .406 Ventures and Three Tree Ventures

$40M in Series B on July 21, 2014 from CLI Ventures, Marc Benioff, Advance Publications and Three Tree Ventures

$60M in Series C on September 15, 2015 from Thrive Capital, .406 Ventures, Founders Fund, Marc Benioff,  Kenneth Chenault, IVP (Institutional Venture Partners) and Advance Publications.

What is next for Compass?

Compass’s new funding comes after an year of its Series C funding. The company has raised a total of $210 M in funding. The latest funding will provide the company with extra resources for accelerating its growth into new markets and injecting transformative technology for improving the experience for agents and customers. The company has rapidly expanded throughout the nation in the past 18 months and has now plans of opening in San Francisco later this fall.

More about Compass

Compass was founded on October 4, 2012 by Ugo Di Girolamo, Robert Reffkin and Ori Allon. It has its headquarters in New York, NY. This company also has offices in Washington DC, New York City, Boston, Los Angeles, Miami, Santa Barbara, Aspen and the Hamptons.