Tech Company Financing Transactions
Purlin Funding Round
On 11/11/2022, Purlin raised $1.5 million in Seed funding from private investors, Mission Gate and New Valley Ventures.
Transaction Overview
Company Name
Announced On
11/11/2022
Transaction Type
Venture Equity
Amount
$1,500,000
Round
Seed
Investors
private investors (Douglas Elliman)
private investors (Fredrik Eklund)
private investors (Julia Gover)
Proceeds Purpose
Proceeds will be used to grow Purlin's business, support the success of its existing clients, and expand the geographic footprint of its AI products. Purlin's client- and agent-facing technology is currently powering systems used by Douglas Elliman's 6,600 agents and 46,000 annual clients across the world.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
21515 Hawthorne Boulevard 200
Torrance, CA 90503
USA
Torrance, CA 90503
USA
Phone
Undisclosed
Website
Email Address
Overview
We make the homebuying experience better, help real estate professionals succeed, and improve the businesses of brokerages and lenders, through intelligent personalization. We start with the visual, using computer vision, machine learning, and thousands of images to train our software to find what users like so that we can deliver matches that they want. It's not just an engine for listings or leads; it can peek inside homes to find, compare and share room and feature-level details.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Giorgi Chigogidze
Chief Marketing Officer
Chris Steege
Chief Technical Officer
Ilya Dorfman
Browse more venture capital transactions:
Prev: 11/11/2022: Luminopia venture capital transaction
Next: 11/11/2022: CloudTruth venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs