# Ember Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ember-group

- Industry: Real Estate Development & Operating Companies
- Headquarters: Lehi, US
- Website: www.emberhome.com
- Total disclosed funding: $12M
- Latest round: Series A (Feb 11, 2022)
- Investors on record: 1

## About

Based in Utah, US, and founded in 2021, Ember Group, Inc. operates as a real estate proptech company. Kurt Avarell (CEO), James Sukhan, and Jefferson Lyman are the co-founders of the company. In February 2022, Ember Group, Inc. raised USD 17.4 million in venture funding led by an individual investor, with participation from new investor Pando Ventures.

The company developed Ember as a streamlined technology platform for buying and owning a luxury vacation property. 

It enables buying and/or building high-end, professionally designed vacation homes in destination locations; creating a property-specific LLC so that the home can be purchased in shares by co-owners at a fraction of the whole home price; streamlining vacation home ownership by removing the burdens of a second home and replacing them with white-glove property management and an app that focuses on the experience, and increasing vacation home accessibility.

The company plans to use the venture funding received in February 2022 to expand its operations and business reach.

## Funding rounds

- Series A, Feb 11, 2022, $12M — FrameVC

## Investors

- FrameVC (https://capitalatlas.ai/funds/framevc) — Series A