Perchwell, a NYC-based provider of a modern data and workflow platform for residential real estate, raised $25m in Series B financing.
The round was led by Lux Capital, joined by a group of strategic real estate and financial investors including Starwood Capital Group, Flex Capital, Stellar MLS, REcolorado MLS, and California Regional MLS (CRMLS). Peter Hébert, Co-founder and Managing Partner at Lux Capital, will be joining Perchwell’s board of directors.
Led by Brendan Fairbanks, CEO, Perchwell provides Perchwell a modern data and workflow technology platform for the residential real estate industry. Its product offering includes a suite of data management, market research, and client collaboration tools for MLSs, brokers, and agents.
The capital will accelerate the software delivery to MLSs and brokerages in New York City and nationwide. Among other features, Perchwell’s product development will focus on AI related to data and workflow enhancements that empower real estate professionals to enhance their services and generate more revenue.
FinSMEs
30/07/2024