Sundae

Commercial PropertySeries CSan Francisco, USsundae.com

Latest round

Series C

Last raised

Jul 2021

Total raised

$124M

Investors

13

About Sundae

Sundae, Inc. is dedicated to facilitating the sale of residential properties directly from homeowners.Sundae offers a platform designed to help homeowners sell residential properties in as-is condition, particularly targeting those who want to avoid the traditional real estate market's complexities, such as repairs and showings. The core service involves making competitive cash offers for homes in various conditions, including those needing repairs or facing financial challenges. Sundae's services allow for quick transactions, often closing within 10 days, without any fees, and are especially aimed at homeowners in California and Texas, covering urban and suburban areas such as the Inland Empire, Los Angeles, and Sacramento.Sundae generates revenue primarily from purchasing residential properties directly from homeowners, who receive competitive cash offers based on their homes' condition and market value. This straightforward transaction structure allows homeowners to bypass traditional selling methods while receiving quick cash offers without fees.90 mn, the company plans to use these funds to expand into new markets and enhance its online marketplace platform and digital tools for buyers and sellers.

Who invested in Sundae

13 investors across 4 rounds

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Funding rounds

  1. Series C

    Jul 8, 2021

    Amount

    $71M

    Investors

    Locked

  2. Series B

    Nov 16, 2020

    Amount

    $33M

    Investors

    Locked

  3. Series A

    Jun 30, 2020

    Amount

    $17M

    Investors

    Locked

  4. Seed

    Jan 3, 2019

    Amount

    $3.2M

    Investors

    Locked

Questions about Sundae

Who invested in Sundae?

Sundae has 13 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Sundae raised?

Sundae has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Sundae last raise money?

Sundae's most recent round on record is a Series C, in Jul 2021.

What does Sundae do?

Sundae is a commercial property company.

Where is Sundae headquartered?

Sundae is headquartered in San Francisco, US.

Which VCs invest in companies like Sundae?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back commercial property companies at Sundae's stage. Their profiles are linked below.

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