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Sugar Closes $2.5M Seed Round To Continue Growth, Expand Talent

Aug 27, 2021•almost 4 years ago

Amount Raised

$2.5 Million

Round Type

seed

Description

Sugar, the venture-backed proptech company turning apartment buildings into interactive communities, has announced today that it has closed a $2.5M seed funding round. The funding was led by a prestigious group of key strategic investors across property tech, community and innovation. It will be used to drive Sugar’s continued growth and expand its talent.

Company Information

Company

Sugar

About

Today, the startup has clients globally, including residential communities of varying sizes, real estate investment groups, Airbnb rentals, hotels and other types of residential properties. Also participating were angel investors such as SquareFoot CEO Jonathan Wasserstrum, Ben Zises, Diran Otegbade, Oleksiy Ignatyev and Zillow board member Claire Cormier Thielke, also of Sequoia Scout Fund. Mali-born Fatima Dicko founded Los Angeles-based Sugar in March 2020. Sugar currently has nine full-time employees compared to two employees last year.