Tech Company Financing Transactions
Freemodel Funding Round
On 1/31/2023, Freemodel raised $19.5 million in Series A funding from QED Investors, 1984 Ventures and 1Sharpe Ventures.
Transaction Overview
Company Name
Announced On
1/31/2023
Transaction Type
Venture Equity
Amount
$19,500,000
Round
Series A
Investors
Proceeds Purpose
The company, which already covers 90% of the California real estate market, will use the newly secured investment to expand its service to additional states, starting with Texas and Florida in Q1 2023, and to continue developing the proprietary technology platform that empowers their team of local Project Directors to manage home renovations more effectively and efficiently
Company Information
Company Status
Private & Independent
Industry
Real Estate
Mailing Address
63 Hatch Ln
Burlingame, CA 94010
USA
Burlingame, CA 94010
USA
Phone
Undisclosed
Website
Email Address
Overview
Freemodel is a leader in pre-sales home renovation helping agents sell homes faster and for more! Our concierge service handles everything including the funding, design, and construction management. For each project we provide an in-person local project director to identify the most strategic home updates and to manage our trusted sub-contractors. And the best part, no upfront payments are required from the agent or homeowner. Freemodel is paid at escrow when the home sells.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
John Garner
Co-Founder
Jesse Lindeman
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