Redfin Stock
Online real estate brokerage, exp $200M 2016 rev
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
Crunchfund
Airbnb, Square, Redfin, Zipline, Light, Tumblr, DigitalOcean, Yext, IFTTT, Codecademy
Draper Fisher Jurvetson
SpaceX, Avant, Katerra, Theranos, Twitter, Box, Coinbase, Good Technology, Prosper, Twilio
Globespan Capital Partners
Redfin, Betterment, Turbonomic, Upwork (Fka: Elance-oDesk), Credit Sesame, Cloudshare
Glynn Capital Management
Palantir Technologies, Dropbox, Domo, Redfin, Practice Fusion, BlueJeans Network, SeatGeek, Giphy, MemSQL, Apartment List
Greylock Partners
AppDynamics, Airbnb, Dropbox, Nuro, Pure Storage, Cloudera, Domo, Rubrik, Okta, Lookout
Madrona Venture Group
UiPath, Snowflake, Branch, Redfin, Rover, Accolade, Booster Fuels, Qumulo, FLEXE, ExtraHop
The Hillman Company
Tiger Global Management
Flipkart, JUUL, Grab, Palantir Technologies, Avant, Pure Storage, Databricks, Square, Postmates, ShopClues.com
T. Rowe Price
Cruise, Airbnb, Magic Leap, Deliveroo, Rivian Automotive, Pure Storage, LivingSocial, Cloudera, WeWork, Ginkgo Bioworks
Wellington Partners
Spotify, SoFi, Pure Storage, UiPath, The Honest Company, Mozido, Redfin, ForeScout Technologies, New Relic, Apigee
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
Business Wire (press release) - May, 12 2017
Marketplace.org - May, 11 2017
Mortgage Professional America - Apr, 27 2017
GeekWire - Apr, 24 2017
Yahoo Finance - Mar, 28 2017
Chicago Daily Herald - Mar, 26 2017
Builder Magazine - Mar, 20 2017
GeekWire - Mar, 18 2017
RealtyBizNews - Mar, 16 2017
HousingWire - Mar, 7 2017
The MReport - Mar, 6 2017
Construction Dive - Mar, 3 2017
Mortgage Professional America - Mar, 2 2017
Builder Magazine - Mar, 1 2017
Yahoo Finance - Feb, 28 2017
TechCrunch - Dec, 18 2014
TechCrunch - Nov, 13 2013
TechCrunch - Jul, 17 2007
Redfin - May, 31 2006
Other Companies
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Some data provided by Crunchbase
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