Reali is a real estate and fintech company that offers services for home buying and selling. Reali has closed $250 million in new financing led by Zeev Ventures led the round with participation from Akkadian Ventures, Signia Ventures, and others.
The funding round includes $75 million in equity, $25 million in venture debt, and $150 million in warehouse financing.
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Total funding to date for Reali now amounts to more than $300 million. Reali says that this latest wave of capital underpins its planned national expansion and product advancements to its Reali Trade-In and Reali Cash Offer services, which help homebuyers remove contingencies from their offers.
Founded in 2015 by Ami Avrahami and Amit Heller, Reali is a real estate and fintech company creating a one-stop-shop to make homeownership “simple, affordable, and stress-free every step of the way.” Reali states that it leverages “first-in-kind” technology to serve home buyers and sellers in a single, integrated platform.
“Our wide range of alternative financing solutions makes a complicated process like buying and selling at the same time much less complicated.”
With Reali, customers can buy and sell in one coordinated transaction, eliminating resale contingencies, moving twice, and paying two mortgages at once.
“This fundraising reaffirms Reali’s commitment to simplifying one of life’s most complex and stressful transactions in a streamlined way. After a year of tremendous growth, the results of our high-tech, high-touch approach are resonating with our customers,” said Tyler Baldwin, CEO of Reali. “As we continue to scale, we are excited to have found investors and partners who share our vision of expanding our offering to new markets and continuing our quest to meet the individual needs of our customers.”
“In a competitive proptech market, Reali stands out for its relentless focus on the consumer and its commitment to transform the complicated process of buying or selling a home. They have streamlined the process and engineered innovative financial solutions that fit the unique needs of today’s consumers. Tyler and his team couldn’t be better suited to take the company to the next level, and we are proud to expand our investment in Reali as the company continues to change the homeownership journey on a much larger scale,” said Oren Zeev with Zeev Ventures.