Placester raises $27M

What does Placester do?

Placester, is a marketing platform for the home buying process. It makes real estate marketing simple, affordable and effective. The company enables real estate agents in creating and launching responsive websites with integrated MLS listing data. It helps agents in quickly creating and launching real estate sites for mobile and desktop, totally with fully integrated MLS listing data. The company is dedicated to providing massive distribution, deep analytics and premium listing services for helping real estate companies and professionals staying competitive and growing their business online. The company fuses design and technology for dramatically improving the home buying process for the real estate professionals and customers.

How much Placester was funded?

Placester raised $27M in Series C on November 24, 2015 from Romulus Capital and New Enterprise Associates.

Previous funding

• $100k Debt Financing on July 7, 2009
• $826.21k in an undisclosed on August 30, 2011
• $2.5M on April 29, 2013 from Joshua Summers, Adam Berrey, David Cohen, Romulus Capital,Lead Dog Ventures, Michael Zelnick, Angel Street Capital, Roderick Cooke, Apricot Capital, Techstars, Walter Winshall, David Anderson and Robert Smith.
• $5.5M in Series A on April 22, 2014 from Romulus Capital and Angel Street Capital

What is next for Placester?

The company has raised $40 million in funding in this year alone and has signed franchise contracts with real estate bigshots like RE/MAX Integra. The company’s employee headcount has doubled from 43 to 105 employees. The company plans to use the latest funding for further building its engineering team and continuing the addition of new services and features to the platform.

More about Placester

Placester was founded in 2008 by Matthew Barba, Matt Barba and Frederick Townes. It has its headquarters in Boston, MA. The company is dramatically improving the process of home buying for customers, agents and brokers.