What is Place?
Founded in 2019 and headquartered in Bellingham, Washington, Place operates as a comprehensive technology and business-services platform. By providing a unified suite of tools, the company empowers real estate agents and their teams to optimize workflows, enhance consumer value, and maximize profitability. In a fragmented market, Place distinguishes itself by offering a fully integrated solution that addresses the complexities of scaling real estate operations, effectively bridging the gap between traditional brokerage models and modern, tech-enabled business management.
How much funding has Place raised?
Place has raised a total of $100M across 1 funding round:
Series A
$100M
Series A (2021): $100M with participation from Goldman Sachs Asset Management and 3L Capital
Key Investors in Place
Goldman Sachs Asset Management
A global investment manager providing institutional and individual investors with investment and advisory solutions across all major asset classes.
3L Capital
3L Growth Equity partners with visionary entrepreneurs to fuel their companies' growth and innovation, supporting market leaders in technology and healthcare.
What's next for Place?
With the infusion of $100M, Place is well-positioned to transition from its current growth phase into a broader market expansion strategy. The capital will likely be deployed to enhance its proprietary technology stack, expand its service offerings, and solidify its market position as an enterprise-level partner for top-tier real estate professionals. As the industry continues to consolidate, Place's focus on operational efficiency and scalable infrastructure will be pivotal in maintaining its competitive advantage and driving long-term value for its stakeholders.
See full Place company page
