By Ben Lane – HousingWire.com
Last year, Compass, a real estate technology company based in New York City, raised $75 million in its Series D round of funding that turned the company into real estate’s newest billion-dollar startup company. That capital raise placed the company’s valuation at more than $1 billion. Now, one year later, the company’s valuation is nearly double that, thanks to another significant capital raise.
Compass announced this week that it raised $100 million in its Series E investment round, which placed the company’s valuation at $1.8 billion.