Compass Raises 450 Million in New Funding Round

Founder Robert Reffkin, Chief Operating Officer, Maelle Gavet, Founder, Ori Allon

SoftBank Vision Fund Invests $450 Million in Compass

Compass announced last Thursday that SoftBank Vision Fund, a Japanese technology company, is investing $450 million in the company. The Series E round brings Compass' valuation to 2.2 billion.

Just last month, Compass raised $100 million in a Series D round from Fidelity Investments, IVP, Wellington Management, and other global investors to expand.

According to Founder, Ori Allon, "The full Series E round puts us in a very healthy position to masterfully execute on our growth plans to bring Compass Everywhere and to become the largest real estate technology platform in the world."

Currently, Compass has 38 nationwide offices including the most recent in Chicago where its top-selling residential sales team joined Compass from Berkshire Hathaway. Compass has closed $12B annualized sales and has 1,750+ agents. Contact us to refer you to an exceptional agent in one of our 38 locations. 

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2017 Q3 Market Report

To learn about the Quarter 3 Boston residential real estate market including an Overview of Condo and Single Family Homes, Time on Market + Negotiability, and Neighborhood Summaries from Seaport to Somerville, click here. Compass' Markets App highlights real-time key trends in residential real estate. 

For a Valuation Report on a specific property, please reply directly to pgteam@compass.com.

The Penney + Gould Team at Compass