RetroRate
Latest round
- Seed
Last raised
- Nov 2024
Total raised
- $1.5M
Investors
- 5
About RetroRate
Founded in 2023, RetroRate operates out of San Diego, US, providing software solutions for the real estate sector.RetroRate specializes in software solutions that enable real estate professionals and their clients to find, analyze, and market homes with assumable loans, especially those with favorable interest rates. Key offerings include the AI-powered RetroMatch™ loan scoring and side-by-side loan comparison tools, simplifying the decision-making process for agents and buyers. Additionally, the company provides a Concierge service to facilitate transactions for clients, enabling access to homes that may have previously seemed unaffordable.RetroRate generates revenue through a subscription-based model that offers tools and services tailored for real estate agents. Their business transactions are structured to include partnerships with agents using RetroRate's proprietary technology, such as the RetroMatch™ loan scoring system and the Listing Prospector tool. These offerings allow agents to leverage assumable loans for better deals, potentially resulting in higher commissions. Specific upcoming products are expected to include advanced evaluation tools for assumable loans, though exact release dates have not yet been disclosed.
Who invested in RetroRate
5 investors across 1 round
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Funding rounds
Seed
Nov 1, 2024
Amount
$1.5M
Investors
Questions about RetroRate
Who invested in RetroRate?
RetroRate has 5 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has RetroRate raised?
RetroRate has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did RetroRate last raise money?
RetroRate's most recent round on record is a Seed, in Nov 2024.
What does RetroRate do?
Founded in 2023, RetroRate operates out of San Diego, US, providing software solutions for the real estate sector.
Where is RetroRate headquartered?
RetroRate is headquartered in San Diego, US.
Which VCs invest in companies like RetroRate?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at RetroRate's stage. Their profiles are linked below.
VCs backing software startups at Seed
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