Pinnacle Realty Advisors, a Dallas, TX-based cloud-based real estate brokerage, raised over $5M in Seed funding, and acquired the Bay Area technology company Realthy.io.
The round was led by Launchpad Capital. Launchpad Capital’s Founder, Ryan Gilbert, will join Pinnacle Realty Advisors Board of Directors.
The company intends to use the funds to introduce BaaS to the market and modernize the real estate brokerage model.
Led by CEO Sam Sawyer, Pinnacle Realty Advisors is a cloud-based brokerage company in the residential real estate industry that provides tools, full-service agent support, and a subscription-based financial model that allows agents to keep the commission earned. Pinnacle is currently licensed in Texas, Louisiana, and Arkansas with Florida and North Carolina launching soon. The company is fully remote with its headquarters in Dallas, TX.
Realthy.io is a Bay Area technology company, focused on building recommendation software for real estate agents. The startup surpassed more than 4,000 registered users in its first six months, servicing agents from over 40 states. The entire Realthy.io team of seasoned IT and digital marketing professionals has joined Pinnacle Realty Advisors and will drive the development of PinnacleHQ, Pinnacle Realty Advisors’ proprietary software platform.
FinSMEs
05/10/2022