Funding

Prevu Lands $6 Million Series A

NEW YORK — Prevu — a savings-oriented, homebuying platform — has raised a Series A financing round of $6 million. The company is excited to welcome new investors Citi, RiverPark Ventures, Metropolis Ventures, Simplex Ventures, Winklevoss Capital, Liebenthal Ventures, and shares appreciation for the continued support and participation in the round from its existing investors.

Prevu’s unique approach to the homebuying process, powered by cutting-edge technology and industry-leading commission rebates, has quickly positioned the company as a driving force in residential real estate. This latest investment round will enable Prevu to further accelerate its growth and expand its mission of empowering homebuyers across the nation.

Co-CEO Chase Marsh emphasized the importance of commission rebates in today’s housing market, saying, “In an era where affordability is a growing concern for homebuyers, Prevu is committed to making the dream of homeownership more attainable. Our Smart Buyer Rebate plays a crucial role in helping buyers save money on their purchases. This financing round will allow us to continue to accelerate our growth and we are excited to partner with our new investors who bring a tremendous amount of insight on real estate and fintech to contribute to our journey.”

Prevu’s savings-oriented strategy addresses the pressing issue of homeownership affordability, providing a streamlined customer experience that enables homebuyers to unlock significant savings with on-demand, expert advice. The company says$1.5 billion of notional real estate transactions have been transacted via the Prevu platform.