Aloft Raises $20M Series A To Accelerate Transformation Of The Real Estate Appraisal Industry

Aloft, a Seattle-based company revolutionizing the $10 billion real estate appraisal industry, today announced a successful $20 million Series A funding round, led by Fifth Wall, the largest venture capital firm focused on technologies for the global real estate industry, with additional investment from Andreessen Horowitz, a venture capital firm based in Silicon Valley that led Aloft's seed round. This brings Aloft's total funds raised to $25 million. The company, currently operating in the Seattle and Portland metro areas, will use the funds to expand its US operations, invest in its proprietary workflow technology and expand its workforce of appraisers and technology engineers.