Redfin Stock
Online real estate brokerage, exp $200M 2016 rev
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About Redfin Stock
Redfin is a technology-powered real estate brokerage that represents people buying and selling homes. Founded and run by technologists, Redfin has a team of real estate agents who earn a salary and customer-satisfaction bonuses, not commissions. Redfin.com features all of the broker-listed homes for sale, as well as for-sale-by-owner properties. Redfin real estate agents work with the company's team of engineers to create tools that make the buying and selling process easier. As of May 2015, the company serves 67 major markets across the U.S. and has closed more than $13 billion in home sales. The service launched in February 2006.
On their site, Redfin combines MLS listing information with historical data into a single map. You can search for homes by neighborhood, city, zip code, MLS number or school zone, and you can refine results using detailed parameters like price and number of beds or baths.
Investors
Annox Capital
Draper Fisher Jurvetson
SpaceX, Avant, Theranos, Coinbase, Twitter, Box, Good Technology, DataStax, Twilio, Alert Logic
Globespan Capital Partners
BitSight, Betterment, Redfin, Turbonomic, Credit Sesame, Upwork (Fka: Elance-oDesk), Cloudshare
Glynn Capital Management
Palantir Technologies, Compass, Dropbox, MessageBird, DataRobot, Bolt Financial, Gusto, Sysdig, Postmates, Domo
Greylock Partners
AppDynamics, Airbnb, Nuro, Dropbox, Pure Storage, Cloudera, Convoy, Blend, Rubrik, Domo
Madrona Venture Group
UiPath, Snowflake, Branch, Highspot, Clari, Qumulo, Redfin, Rover, Accolade, TaxBit
The Hillman Company
Tiger Global Management
Flipkart, JUUL, Delhivery, Ather Energy, Databricks, Grab, Chime, Ola, Quikr, Palantir Technologies
T. Rowe Price
One97, Flipkart, WeWork, Cruise, Airbnb, Rivian, Magic Leap, Nuro, Caris Life Sciences, Vroom
Wellington Partners
SoFi, Spotify, UiPath, Pure Storage, The Honest Company, Mozido, Redfin, ForeScout Technologies, New Relic, Onfido
Funding History
| February 2005 | $500K |
|---|---|
| May 2006 | $8.0M |
| June 2007 | $12.0M |
| November 2009 | $10.3M |
| October 2011 | $14.9M |
| April 2013 | $50.5M |
| December 2014 | $71.0M |
| July 2017 | $138M |
Management
CEO
Glenn Kelman
CFO
Chris Nielsen
CTO
Sasha Aickin
Board Member (Greylock Partners)
James Slavet
Press
GeekWire - May, 31 2017
Redfin takes #1 spot in GeekWire 200, topping DocuSign for first timeBusiness Wire (press release) - May, 12 2017
Redfin Announces 1% Listing Fee Trial in San DiegoMarketplace.org - May, 11 2017
Redfin CEO: To survive, keep thinking like a startupMortgage Professional America - Apr, 27 2017
Redfin sees drop in housing demandGeekWire - Apr, 24 2017
Redfin report tracks which cities people want to flee (Bay Area) and where they want to stay (Seattle)Yahoo Finance - Mar, 28 2017
Redfin Housing Demand Index Dips from January's Record HighChicago Daily Herald - Mar, 26 2017
In internet age, homebuyers still turn to Realtors - Daily HeraldBuilder Magazine - Mar, 20 2017
Redfin Values Proximity to Mass TransitGeekWire - Mar, 18 2017
Redfin CTO Bridget Frey has a message for managers who want to build more diverse teamsRealtyBizNews - Mar, 16 2017
Redfin: Home Prices Jumped in February as Sales Were Constrained by a Double-Digit Inventory DipHousingWire - Mar, 7 2017
Redfin chief economist on how Ben Carson can solve affordability crisisThe MReport - Mar, 6 2017
January Housing Demand Hits 4-year Peak - theMReport.comConstruction Dive - Mar, 3 2017
Redfin: Housing demand persists as inventory remains tightMortgage Professional America - Mar, 2 2017
Buyer demand hits new high – RedfinBuilder Magazine - Mar, 1 2017
Redfin Finds Quickest Home-Sales PaceYahoo Finance - Feb, 28 2017
The Redfin Housing Demand Index Continued Record Climb in ...TechCrunch - Dec, 18 2014
Redfin Raises $70.9M To Expand Into New MarketsTechCrunch - Nov, 13 2013
Online Real Estate Veteran Redfin Lands $50M From Tiger Global, Investment Giant T. Rowe Price As It Looks To Gain Market Share In The U.S.TechCrunch - Jul, 17 2007
Redfin Takes $12 Million Series C Financing Amid Realtor WarRedfin - May, 31 2006
Redfin Announces $8 Million in Series B FundingEquityZen does not have an affiliation with, formal relationship with, or endorsement from any companies featured above. This profile is based on publicly available information and is intended to be informative in nature.
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