OpenHouse raises $13.5M

What does OpenHouse do?

OpenHouse, is a real estate agent recommendation engine. OpenHouse was founded in 2010 as OpenHouse. It connects you to the real estate agent who has bought or sold the most beautiful homes just like yours at the best price. It is a free service linking home sellers and buyers to the highest performing real estate agents relative to their search. The company aggregates and analyzes historical home sales data and pinpoints the most effective agent for selling and buying a home, the one with real local experience and best track record. The company was awarded two patents encompassing the use of data for calculating agent performance relative to a house and client preferences.

How much OpenHouse was funded?

OpenHouse raised $13.5M in Series A on November 19, 2015 from March Capital Partners and Triangle Peak Partners.

Previous funding

• Undisclosed amount on October 18, 2013 from Triangle Peak Partners
• $6M on August 11, 2014 from March Capital Partners and Triangle Peak Partners

 What is next for OpenHouse?

OpenHouse which was previously Agent Ace has raised over a total of $6 million in funding to date. With this funding, Agent Ace and Fypio are merging to create OpenHouse, which is a brand new real estate lifestyle search company. The company is currently available for iPhone in the Apple App Store and on the web, and is soon to be available through a desktop version. The app is live in 14 metro areas, and will continue to be available to additional metros nationwide in early next year.

More about OpenHouse

The company was founded in 2010 by Mazen Fawaz. It has its headquarters in Santa Monica, CA. It is the only company which aggregates and translates real time real estate transaction and social data for providing customers the true insight on the neighbourhood of their choice and the neighbours that live there.