Privy Secures $4 Million in Funding
Privy, a Denver, CO-based PropTech company that provides a real estate investment software platform, secured $4 million in non-dilutive growth capital.
The investment was from Cypress Growth Capital.
Founded in 2010, Cypress Growth Capital is a growth equity firm based in Dallas, Texas. The firm seeks to invest in the companies operating in software and technology-enabled services sectors.
The investment will fuel product enhancement, improve customer experience, and support sales channel expansion.
Founded in 2019 by Scott Fahl, Privy provides a real estate investment software platform providing curated information to individual investors and real estate agents focused on residential investment opportunities and wealth-building. The company's SaaS solution is built to find, analyze, and track markets to uncover the best investment deals first regardless of experience level or economic climate. The platform utilizes proprietary algorithms to analyze extensive market data, including MLS data, to identify profitable and low-risk investment opportunities for real estate investors and agents. Based in Denver, Colorado, Privy is on a mission to empower investors and homeowners to build wealth through real estate investing.
Funding Details
Company: R.E. Data Labs, Inc.
Raised: $4.0M
Round: Unknown
Funding Month: February 2024
Lead Investors: Cypress Growth Capital
Additional Investors:
Company Website: https://www.privy.pro/
Software Category: Real Estate