# RealScout

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

- Industry: Internet
- Headquarters: Mountain View, US
- Website: www.realscout.com
- Total disclosed funding: $14M
- Latest round: Series A (Nov 17, 2014)
- Investors on record: 2

## About

RealScout, Inc. is a technology company that offers a sophisticated engagement platform aimed at transforming the real estate transaction experience for agents and clients through automation and advanced interaction tools.Founded in 2012 in Mountain View, US, RealScout specializes in real estate engagement solutions. The company has undergone no notable strategic pivots and operates independently. Founders Andrew Flachner and Michael Parikh have a background in technology and real estate. The company has secured a total of USD 6.00 mn through various funding rounds, with the latest funding being a Venture Debt round of USD 0.32 mn led by investor Drew Oetting on October 17, 2016.RealScout offers a comprehensive engagement platform designed to enhance the real estate transaction process for agents, teams, and brokerages. Their core product focuses on nurturing potential buyers and sellers through automated alerts and a full-featured home search experience, integrating natural language processing to facilitate interaction. RealScout’s services are utilized by thousands of brokerages, teams, and agents predominantly in major metropolitan areas, including San Francisco, Los Angeles, New York, and Chicago, targeting real estate professionals looking to refine client interactions and improve transaction volume.RealScout operates on a subscription-based revenue model, with pricing starting at USD 99 per month for access to its core platform features. The company generates revenue primarily through its service offerings, which include automated client engagement tools designed to facilitate interactions between agents and their clients. The structured pricing plans cater to individual agents, teams, and brokerage accounts, providing a scalable solution tailored to the varying needs of its diverse client base.RealScout plans to enhance its product offerings by launching new features aimed at improving user engagement by the end of 2023. The company is also targeting expansion into additional metropolitan areas, including Seattle and Austin, by mid-2024. The recent funding of USD 0.32 mn will be allocated towards these product developments and expansion initiatives.

## Funding rounds

- Series A, Nov 17, 2014, $6M — DCM, Formation8
- Series A, Dec 23, 2013, $7M — DCM
- Seed, Aug 22, 2013, $1.1M — DCM, Formation8

## Investors

- DCM (https://capitalatlas.ai/funds/dcm) — Seed, Series A
- Formation8 (https://capitalatlas.ai/funds/formation8) — Seed, Series A