Compass Brings in $450 Million

Internet & IoT company Compass raised $450 million in financing from SoftBank Vision Fund.

Compass’s end-to-end real estate platform features hand-selected house listings curated by design, amenities, and neighborhood to support the entire buying and selling workflow. According to the company, its 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.

The company will use the funds to invest in its technology development and continued U.S. real estate market expansion.