Compass gets $450M from SoftBank; real estate portal now valued at $2.2B
“Less than a month after raising $100 million led by Fidelity, real-estate startup Compass is striking while the iron is hot. The company has now picked up an even bigger investment of $450 million, this time from the SoftBank Vision Fund, plus another $50M in secondary deals, to fill out a vision of its own: taking its real estate rental and sales platform global.
New York-based Compass is now valued at $2.2 billion post-money, up from $1.8 billion just four weeks ago, with $775 million raised to date.”
I’d love to see their pitch deck. To put this amount of fuding in perspective, I believe Zillow raised only $100M before they went public.
I think they are the real deal. I had a chance to speak to one of their execs at the Newport Beach office and walked away impressed. They just opened a Chicago office which I believe was on their expansion plan. I believe they can execute.