# Staircase

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

- Industry: Software
- Headquarters: Philadelphia, US
- Website: www.staircase.co
- Total disclosed funding: $18M
- Latest round: Series A (Dec 14, 2021)
- Investors on record: 6

## About

Staircase, Inc. is a real estate technology company that provides a full-service platform for homeowners to buy, sell, and mortgage properties without commission fees, streamlining the transaction process.Staircase, Inc. operates as a real estate technology firm headquartered in Philadelphia, US. The company was founded by Adam Kalamchi and Soofi Safavi, with Kalamchi currently serving as CEO. In December 2021, Staircase raised USD 18 mn in a Series A funding round led by Bessemer Venture Partners, with participation from Avid Ventures, Clocktower Technology Ventures, MetaProp, RRE Ventures, and Zigg Capital.Staircase App primarily offers a full-service real estate platform that enables homeowners to buy, sell, and mortgage properties with no commission fees. The platform employs advanced technology and data analytics to streamline the home selling process, allowing users to close transactions in as little as two weeks, maximizing user savings and providing an innovative solution to typical real estate frustrations.Staircase App generates revenue through its transaction-based business model, facilitating buying, selling, or refinancing homes without incurring typical commission fees. The focus on direct-to-consumer transactions allows individual homeowners to retain 100% of their equity during the process, ensuring maximum savings while utilizing the platform's services for seamless real estate dealings.In December 2021, Staircase, Inc. raised USD 18 mn in Series A funding to expand its operations and business reach. The company plans to utilize this funding to support the development of new products and to enhance its market presence. Specific geographic regions for future expansion have not been disclosed.

## Funding rounds

- Series A, Dec 14, 2021, $18M — RRE Ventures, Bessemer Venture Partners, MetaProp, Clocktower Technology Ventures, Zigg, Avid Ventures

## Investors

- RRE Ventures (https://capitalatlas.ai/funds/rre-ventures) — Series A
- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Series A
- MetaProp (https://capitalatlas.ai/funds/metaprop) — Series A
- Clocktower Technology Ventures (https://capitalatlas.ai/funds/clocktower-technology-ventures) — Series A
- Zigg (https://capitalatlas.ai/funds/zigg) — Series A
- Avid Ventures (https://capitalatlas.ai/funds/avid-ventures) — Series A