Funding

Placester Raises $15M in Series B

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What does Placester do?

Placester, is a real estate marketing platforms which combines design and technology to greatly improve the process of buying homes for brokers, agents, customers. It enables the real estate agents to create a launch responsive websites with integrated MLS listing data.

Placester makes real estate marketing simple, affordable and effective. It allows the agents to quickly create and launch wonderful real estate sites for the mobile and desktops, complete with fully integrated MLS listing data. The startup’s mission is to provide huge distribution, premium listing service, and deep analytics for helping the real estate companies and professionals compete and grow their business online.

How much Placester was funded?

Placester has raised $15 M in Series B on April 7th, 2015 from Romulus Capital and New Enterprise Associates.

Previous funding

  • $100k in Debt Financing on July 7th, 2009
  • $826.2k in Venture on August 30th, 2011
  • $2.5M in Seed round on April 29th, 2013 from David Anderson, Robert Smith, Techstars, Walter Winshall, Roderick Cooke and Michael Zelnick
  • $5M in Series A funding on April 22nd, 2014 from Angel Street Capital and Romulus Capital

What is next for Placester?

With the latest funding the company is planning to increase its employees from fifty employees to 100 employees in the coming year so that it can go on with discovering different ways agents of real estate can serve their local markets.

With the latest funding Chetan Puttagunta and Ravi Viswanathan partners at NEA will join the board of directors.

More about Placester

Placester was found in 2008 by Frederick Townes, Matt Barba and  Matthew Barba.  It has headquarters in Boston, MA. Placester’s marketing platform associates important real estate data with modern and sleek design for creating a consistent experience of home searching.

Placester’s mission is to create an online presence for every real estate professional and to create flexible tools which empowers real estate professionals to take control their businesses online and for building direct relationships with their clients.

 

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