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Virtual Real Estate Marketplace, Parcel, Raises $4M In Round Led By Framework Ventures

Jun 07, 2022•over 3 years ago

Amount Raised

$4 Million

Round Type

seed

San Francisco

Description

Parcel, an NFT marketplace for virtual real estate, has raised $4 million in a seed round led by Framework Ventures, a venture capital firm known for its early entry into Web3 and decentralized finance (DeFi). Additional participants in the round include Fifth Wall, Blizzard Fund (Avalanche), AVIV Group (Axel Springer), AppWorks, Great Oaks, and Serafund; as well as an impressive roster of angel investors including Aaron Wong (SoftBank), Sebastien Borget (The Sandbox), and Santiago Santos.

Company Information

Company

Estate Marketplace

Location

San Francisco, California, United States

About

Founded in 2017 by Andrew Collins and Justin McCarty, the company currently has more than 3,000 housemates in hundreds of homes across 16 markets.