Prevu Announces $6 Million Series A Financing, Welcomes New Investors

New financing round advances Prevu's strategy of making home buying more affordable, transparent, and efficient in major metropolitan areas across the United States

NEW YORK, Dec. 14, 2023 /PRNewswire-PRWeb/ -- Prevu, the leading savings-oriented, homebuying platform in the United States, is pleased to announce its Series A financing round of $6 million. The company is excited to welcome new investors Citi, RiverPark Ventures, Metropolis Ventures, Simplex Ventures, Winklevoss Capital, Liebenthal Ventures, and shares appreciation for the continued support and participation in the round from its existing investors.

Prevu's unique approach to the homebuying process, powered by cutting-edge technology and industry-leading commission rebates, has quickly positioned the company as a driving force in residential real estate. This latest investment round will enable Prevu to further accelerate its growth and expand its mission of empowering homebuyers across the nation.

Co-CEO Chase Marsh emphasized the importance of commission rebates in today's housing market, saying, "In an era where affordability is a growing concern for homebuyers, Prevu is committed to making the dream of homeownership more attainable. Our Smart Buyer Rebate plays a crucial role in helping buyers save money on their purchases. This financing round will allow us to continue to accelerate our growth and we are excited to partner with our new investors who bring a tremendous amount of insight on real estate and fintech to contribute to our journey."

Prevu's savings-oriented strategy addresses the pressing issue of homeownership affordability, providing a streamlined customer experience that enables homebuyers to unlock significant savings with on-demand, expert advice. The company's commitment to reducing the financial burden of buying a home has been well-received by both investors and customers alike as $1.5 billion of notional real estate transactions have transacted via the Prevu platform.

Prevu is determined to further its impact on the real estate industry, and with this Series A financing, the company is better poised than ever to continue its rapid expansion and empower even more homebuyers on their journey to homeownership.

About Prevu

Prevu is a real estate technology company on a mission to empower homebuyers. The company's digital Smart Buyertm platform offers a homebuying experience with unparalleled control, transparency and savings when purchasing a home. This zero-pressure online experience delivers a smarter, more efficient way for homebuyers to transact. The company currently operates in New York City, Boston, Philadelphia, New Jersey, Washington DC, Maryland, Northern Virginia, South Florida, Southern California, San Francisco Bay Area, Seattle, Denver and Austin.

To learn more about the company, visit www.prevu.com.

Media Contacts:
Prevu Communications Team
[email protected]

Media Contact
Prevu Communications Team, Prevu, Inc., 1 646-603-6868, [email protected], https://www.prevu.com/

SOURCE Prevu, Inc.