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Compass RE Closes $100 Million

Credit: compass.com

Real estate company Compass RE announced the acquisition of $100 million in Series E financing. Four investors participated in the funding, among them Fidelity Insurance Company, IVP, and Wellington Management Company.

Compass’s end-to-end real estate platform supports the entire buying and selling workflow. The platform’s hand-selected house listings are curated by design, amenities, and neighborhood. The company’s software engineers and data scientists are also building analytical tools to help provide homebuyers with neighborhood insights based on zip code.

Compass currently operates in New York City, Los Angeles, San Francisco, Boston, Washington, D.C., Miami, Orange County, The Hamptons, Santa Barbara, Montecito, and Aspen. This new funding will allow Compass RE to fuel its technology development and continued U.S. real estate market expansion.

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