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Mobile-First Real Estate Brokerage Avenue 8 Debuts with $4M Seed Funding Led by Craft Ventures, Zigg Capital, and Good Friends

Dec 18, 2020•almost 5 years ago

Amount Raised

$4 Million

Round Type

seed

San Francisco

Description

Avenue 8, the only mobile-first residential real estate brokerage built expressly for modern agents, today announced it has raised $4 million in seed funding led by Craft Ventures, Zigg Capital, and Good Friends, the early-stage fund from the founders of Warby Parker, Harry's, and Allbirds that invests in businesses with a consumer lens. Designed from the ground up to be the most efficient and user-friendly digital real estate platform for agents, Avenue 8’s subscription-based model gives agents the tools and support they need to be successful and enables them to keep more of their commission. After a quiet beta rollout in the San Francisco Bay Area and greater Los Angeles markets, Avenue 8 will put the funding toward further platform development and expansion into New York and other major markets.

Company Information

Company

Avenue 8

Location

San Francisco, California, United States

About

Avenue 8 is a digital and mobile-first residential real estate brokerage for modern agents, empowering them to be more entrepreneurial, to close from anywhere, and to keep substantially more of their income. With an emphasis on simplicity and design, Avenue 8 provides services at scale through a mix of automation and human expertise, from marketing a home to making an offer. For more information, visit: https://www.avenue8.com/.