RLTYco raised $20 million in Series A funding led by Altriarch to provide real estate professionals access to their commissions in as little as 24 hours.

Jan 09, 2025•6 months ago

Amount Raised

$20 Million

Round Type

series a

New YorkFinancial Services

Investors

Serhant. VenturesChristopher SchmidtAndrew DodgeAltriarch

Description

RLTYco, a New York-based company, has secured $20 million in Series A funding to assist independent real estate agents and brokers in managing their business logistics. This funding will provide immediate access to capital and expand the company's services nationwide.

Company Information

Company

RLTYco

Location

New York, New York, United States

About

Based in New York City, RLTYco (www. RLTYco.com) was founded in 2021 by real estate veterans Briggs Elwell and Daniel Kennedy to be a strategic resource for real estate professionals. RLTYco has four distinct divisions that help agents manage the complexities of the real estate business: RLTY Capital (commission funding), RLTY Tax, RLTY Legal (business formation), and RLTY Health (healthcare coverage). In addition, RLTY helps agents navigate the intricate landscape of regulations and compliance so they can focus on what they do best: selling real estate.

Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

RLTYco raised $20 million in Series A funding led by Altriarch to provide real estate professionals access to their commissions in as little as 24 hours.

Investors

Description

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