Tech Company Financing Transactions
Houwzer Funding Round
Houwzer, based in Philadelphia, secured $9.5 million from Edison Partners, Admiral Capital and Chestnut Street Ventures.
Transaction Overview
Company Name
Announced On
2/6/2020
Transaction Type
Venture Equity
Amount
$9,500,000
Round
Series A
Investors
Edison Partners (Lead Investor)
private investors (Ira Lubert)
Proceeds Purpose
The company intends to use the funds to double its workforce over the next 12 months, enter the Greater Orlando market later this year expand into Greater Baltimore immediately, grow its existing presence across the Greater Philadelphia and Washington, D.C. regions, and extend services to include mortgage, title, and insurance divisions.
Company Information
Company Status
Private & Independent
Industry
Real Estate
Mailing Address
1435 Walnut St. 3rd Floor
Philadelphia, PA 19102
USA
Philadelphia, PA 19102
USA
Phone
Website
Email Address
Overview
For most of us, buying a home is the largest investment we will ever make. Yet in an age of unbounded consumer choice and technology-led innovations, the residential real estate brokerage industry is stuck in the 20th century -- protected by legacy systems and broker-centric business practices that add undo costs, barriers, and inefficiencies.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michael Maher
Chief Operating Officer
Ted Mucellin
Chief Technical Officer
Greg Phillips
Co-Founder
Kevin Baird
VP - Human Resources
Krystal Eason
VP - Marketing
Tyler Walton
VP - Sales
David Speers
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