What is Place?
Founded in 2019 and based in Bellingham, United States, Place operates as a fully integrated technology and business-services platform. Its core mission is to empower high-performing real estate agents and their teams by providing tools and services that drive greater scale, efficiency, consumer value, and profitability. The platform aims to streamline operations for real estate professionals, enabling them to focus on growth and client satisfaction.
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 known for its extensive expertise across various asset classes and its strategic backing of companies with significant growth potential.
3L Capital
3L Capital is a growth equity firm that partners with visionary entrepreneurs to fuel company growth and innovation, focusing on market leaders in technology and other key sectors.
What's next for Place?
With the recent strategic investment and substantial total funding, Place is poised for accelerated expansion and product development. The company's focus on enhancing agent productivity and profitability suggests a strategic direction towards solidifying its market position and potentially exploring new service verticals within the real estate technology sector. This backing will likely fuel further innovation in its platform capabilities and expand its reach to a broader base of real estate professionals seeking to optimize their business operations.
See full Place company page
