# Nomad Homes

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nomad-homes

- Industry: Internet
- Headquarters: Dubai, United Arab Emirates
- Website: www.nomadhomes.co
- Total disclosed funding: $44M
- Latest round: Series A (Oct 23, 2023)
- Investors on record: 14

## About

Nomad Homes is a real estate technology company based in the United Arab Emirates, specializing in providing solutions for real estate transactions and operational efficiencies for agents across various markets.Founded in 2019 in Dubai, United Arab Emirates, Nomad Homes is focused on enhancing the real estate experience through technology. The company has successfully closed 3 deals, with its latest being a Series A funding round in October 2023, where it raised USD 20.000 mn led by Acrew Capital along with several other investors. The founders of the company include Damien Drap, Dan Piehler, and Helen Chen, with Helen Chen currently serving as the CEO.Nomad Homes offers a sophisticated AI-driven assistant named RemyAI, which is specifically tailored for real estate agents. The assistant streamlines administrative tasks, enhances productivity through features like automatic note-taking during calls, conversation summarization, and action suggestions. RemyAI also provides users with a dedicated business number for privacy and compliance with regulations such as GDPR. The service targets real estate professionals, including independent agents and brokerage owners, operating in markets such as North America and Europe.Nomad Homes' revenue model is based on subscription services for its RemyAI assistant, which provides features designed to streamline the work of real estate professionals. Clients subscribe to access the AI assistant, benefiting from functionalities like call summarization and dedicated business numbers. The pricing plans cater to both individual agents and brokerage firms requiring multiple licenses, and the revenue generated is further supported by potential partnerships with real estate organizations integrating Nomad Homes' technology.In October 2023, Nomad Homes raised USD 20.000 mn in a Series A funding round led by Acrew Capital, which will be used to enhance the company's technological capabilities. The company is exploring the launch of new products and services aimed at improving the real estate transaction process. Additionally, Nomad Homes plans to expand its operations into new geographic markets, targeting increased presence in North America and Europe by 2024, capitalizing on the funding to support these initiatives.

## Funding rounds

- Series A, Oct 23, 2023, $20M — Partech Partners, Precursor Ventures, Knollwood Investment Advisory, Abstract Ventures, 01A, HighSage Ventures, Acrew Capital, Potluck Ventures
- Series A, Sep 28, 2021, $20M — Partech Partners, Goodwater Capital, Precursor Ventures, Abstract Ventures, Spruce House Investment Management, Class 5, 01A, HighSage Ventures, Alta Park Capital
- Seed, Jul 8, 2020, $4M — Partech Partners, Comcast Ventures, Precursor Ventures, Abstract Ventures, WndrCo, Class 5

## Investors

- Partech Partners (https://capitalatlas.ai/funds/partech-partners) — Seed, Series A
- Comcast Ventures (https://capitalatlas.ai/funds/comcast-ventures) — Seed
- Precursor Ventures (https://capitalatlas.ai/funds/precursor-ventures) — Seed, Series A
- Abstract Ventures (https://capitalatlas.ai/funds/abstract-ventures) — Seed, Series A
- WndrCo (https://capitalatlas.ai/funds/wndrco) — Seed
- Class 5 (https://capitalatlas.ai/funds/class-5) — Seed, Series A
- Goodwater Capital (https://capitalatlas.ai/funds/goodwater-capital) — Series A
- Spruce House Investment Management — Series A
- 01A (https://capitalatlas.ai/funds/01a) — Series A
- HighSage Ventures (https://capitalatlas.ai/funds/highsage-ventures) — Series A
- Alta Park Capital (https://capitalatlas.ai/funds/alta-park-capital) — Series A
- Knollwood Investment Advisory — Series A
- Acrew Capital (https://capitalatlas.ai/funds/acrew-capital) — Series A
- Potluck Ventures (https://capitalatlas.ai/funds/potluck-ventures) — Series A