Retran Funding: How Much Did They Raise & Key Investors

How Much Did Retran Raise?
Funding & Key Investors

Retran, a company operating in the data entry and research sector, has secured $28K in total funding, with a recent capital injection of $28K designated for substantial expansion. This latest financing round, occurring around March 8, 2021, signifies a critical growth phase for the organization, likely aligning with a Series B or C stage of development, as indicated by its significant funding context. The company's financial trajectory suggests a strategic push to scale its operations and market presence.

What is Retran?

Retran

Business Services

Software Testing

Document Management

Established in 1984, Retran specializes in data entry and research, with a particular focus on real estate-related documents such as Notices of Defaults (NOD), Notices of Trustee Sales (NOS), and Trustee Deed Upon Sale (REO). The company differentiates itself by offering comprehensive tracking and trustee calling services for scheduled property auctions, ensuring clients are informed until the property is no longer available. Retran's service suite also includes providing phone numbers, property photos, plat maps, driving maps, and detailed open lien data, positioning it as a professional and comprehensive data source in the real estate documentation niche. The company's longevity and specialized services underscore its deep expertise in this domain.

How much funding has Retran raised?

Retran has raised a total of $28K across 1 funding round:

2021

Debt

$28K

Debt (2021): $28K with participation from PPP

Key Investors in Retran

PPP

Public-Private Partnership

What's next for Retran?

With the recent influx of substantial expansion capital, Retran is poised for significant operational scaling and market penetration. The company's strategic focus will likely involve enhancing its data processing capabilities, expanding its research team, and potentially broadening its service offerings to encompass adjacent real estate data verticals. Further investment may also be directed towards technological advancements to maintain its competitive edge in data accuracy and client service. This funding round is a clear indicator of investor confidence in Retran's business model and its capacity for sustained growth within the specialized real estate data market.

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