What is Place?
Founded in 2019 and based in Bellingham, United States, Place operates as a comprehensive technology and business-services platform. Its core mission is to empower high-performing real estate agents and their teams by providing tools and services designed to drive greater scale, efficiency, consumer value, and profitability. The platform integrates technology solutions with business support, aiming to streamline operations for real estate professionals and enhance their client engagement and business outcomes.
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
Goldman Sachs Asset Management is a global investment firm providing a broad range of investment services. They are known for their extensive expertise across various asset classes and their strategic investments in companies poised for significant growth.
3L Capital
3L Growth Equity partners with visionary entrepreneurs to fuel their companies' growth and innovation. They support market leaders in technology, healthcare, and other sectors. Their focus is on empowering innovative companies to achieve their potential. 3L Growth Equity aims to drive success through strategic partnerships.
What's next for Place?
The recent major strategic investment signifies a pivotal moment for Place, likely indicating a transition into a scaling phase. This capital infusion is expected to fuel further product development, market expansion, and strategic partnerships. The company's focus on enhancing agent efficiency and profitability positions it to capitalize on evolving market dynamics, with future growth likely centered on deepening its technological capabilities and broadening its service ecosystem to support a larger network of real estate professionals.
See full Place company page
