# Curbio

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/curbio

- Industry: Real Estate Development & Operating Companies
- Headquarters: Potomac, US
- Website: www.curbio.com
- Total disclosed funding: $36M
- Latest round: Series C (Nov 13, 2020)
- Investors on record: 5

## About

Curbio Inc. is a pre-listing home improvement company that offers tailored renovation services for real estate agents, facilitating efficient home sales through strategic updates and renovations.Founded in 2017 in Potomac, US, Curbio Inc. specializes in preparing homes for sale by providing renovation services. The company was co-founded by Matthew Siegal and Rick Rudman, with Rick Rudman currently serving as CEO. Curbio has successfully closed 7 deals, with its most recent funding round being a Venture Debt round in August 2022, raising USD 25.00 mn from Cambridge Trust Company, bringing the total amount raised to USD 65.00 mn.Curbio specializes in pre-listing home improvement services tailored for real estate agents and their clients. The company provides a suite of solutions designed to prepare homes for sale, including essential updates like painting, staging, and touch-ups, as well as larger-scale renovations such as kitchen makeovers and bathroom remodels. Curbio’s service model is built around the unique needs of home transactions, ensuring that all projects are managed efficiently from start to finish. Their client base consists primarily of real estate agents from various brokerages across the United States, who rely on Curbio to enhance the value and appeal of their listings. Curbio operates in multiple geographical markets, including major urban areas such as Los Angeles, Chicago, Atlanta, and several regions across Florida, Texas, and the Northeast.Curbio generates revenue through fixed-price contracts for its range of home improvement services, which are strategically designed to align with the needs of real estate transactions. The transaction structure involves partnerships with real estate agents who utilize Curbio’s services to prepare listings for sale. Agents engage Curbio to perform necessary repairs and updates, allowing the property to achieve higher market value and quicker sales. While specific pricing plans are proprietary, the company’s offerings are designed to provide transparent costs for each project, ensuring agents can budget effectively for their clients. The model emphasizes a seamless integration of services that enhance agents' reputations while facilitating successful home sales.In August 2022, Curbio Inc. raised USD 25.00 mn in venture debt funding, which will be utilized to expand its service offerings and enhance operational capabilities. The company aims to introduce new products designed to streamline renovation processes, with plans for release in early 2023. Additionally, Curbio is targeting expansion into new markets, specifically looking to establish a presence in the Midwest and Pacific Northwest by the end of 2023.

## Funding rounds

- Series C, Nov 13, 2020, $25M — Comcast Ventures, Second Century Ventures, Camber Creek, Brick & Mortar Ventures
- Series A, Jul 25, 2019, $7.1M — Second Century Ventures, Camber Creek, Brick & Mortar Ventures
- Seed, Nov 12, 2018, $4M — Maryland Venture Fund

## Investors

- Maryland Venture Fund (https://capitalatlas.ai/funds/maryland-venture-fund) — Seed
- Second Century Ventures (https://capitalatlas.ai/funds/second-century-ventures) — Series A, Series C
- Camber Creek (https://capitalatlas.ai/funds/camber-creek) — Series A, Series C
- Brick & Mortar Ventures (https://capitalatlas.ai/funds/brick-mortar-ventures) — Series A, Series C
- Comcast Ventures (https://capitalatlas.ai/funds/comcast-ventures) — Series C