Clever Real Estate
Latest round
- Series B
Last raised
- Jan 2023
Total raised
- $9.3M
Investors
- 3
About Clever Real Estate
Clever Real Estate, Inc.Clever Real Estate, Inc. was founded in 2017 and operates from St. Louis, US. The company specializes in connecting users with real estate professionals and has not undergone any significant operational pivots., Ben Mizes, and Luke Babich, with Ben Mizes currently serving as CEO.Clever Real Estate primarily offers a platform that connects home buyers and sellers with top-rated real estate agents, enabling users to save significantly on commission fees. The company’s main service is a free tool that allows users to compare local agents based on performance metrics and customer reviews. Clever operates a Concierge Team that assists users by matching them with agents who align with their specific needs, ensuring a tailored experience throughout the buying or selling process. This service addresses the challenges of high commission rates traditionally associated with real estate transactions and streamlines the agent-selection process for consumers.Clever Real Estate generates revenue through a commission-based model where partner agents pay a portion of their commission to Clever upon closing a sale.5%, significantly lower than the industry standard of around 3%. This structure incentivizes agents to collaborate with Clever, allowing customers to save an average of USD 7,000 per transaction. Clever's service remains free for users until a successful closing occurs, establishing a no-obligation relationship that encourages engagement.In January 2023, Clever Real Estate, Inc. The company is focusing on developing new tools aimed at enhancing user experience in the real estate transaction process.
Who invested in Clever Real Estate
3 investors across 3 rounds
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Questions about Clever Real Estate
Who invested in Clever Real Estate?
Clever Real Estate has 3 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Clever Real Estate raised?
Clever Real Estate has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Clever Real Estate last raise money?
Clever Real Estate's most recent round on record is a Series B, in Jan 2023.
What does Clever Real Estate do?
Clever Real Estate is a internet company.
Where is Clever Real Estate headquartered?
Clever Real Estate is headquartered in St. Louis, US.
Which VCs invest in companies like Clever Real Estate?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at Clever Real Estate's stage. Their profiles are linked below.
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