Proptech Place Company Joins Unicorn Club Using Place.com – Domain Name Wire
This unicorn has a big place on the web.
For real estate agents and brokers, there are many platforms and services available to help close more sales, generate leads, or just stay in touch with customers.
Funds have been allocated to proptech companies to continue creating. Crunchbase estimates that real estate companies raised $ 10.6 billion in venture capital between January and July 2021, up nearly $ 2.3 billion from the same period in 2020.
Thanks to a booming real estate market that has seen More US home sales in 2020 than any year since 2006, demand for innovation is strong.
Place is a proptech company taking advantage of the upward trend in the real estate market. Founded in 2019, this young company has already made giant strides as a real estate service provider.
With the slogan “everyone needs a place”, Place offers a solution that allows real estate agents to take control of many aspects of their business, including marketing, lead generation, accounting and infrastructure. back office.
This goes somewhat against the trend for companies to create products designed to eliminate the need for real estate agents.
There is certainly a market for Place, however. The company has registered tens of thousands of real estate professionals on its platform and this week it announced that it had raised $ 100 million in funding.
The round table, led by Goldman Sachs Asset Management, values ââPlace at $ 1 billion, making him the latest member of the Unicorn club, a title awarded to a private company valued at $ 1 billion or more.
At the heart of Place’s product offering is its website, and it’s hosted on a phenomenal domain name. Yes, Place works on Place.com.
The business started life on PlaceInc.com, but in December 2020 it started using Place.com.
Whois history suggests that Place used an Escrow.com domain ownership transaction to acquire Place.com using a buying plan. The holder of Place.com has been listed as Escrow.com since December 2020.
We don’t know how much Place is paying to acquire Place.com, but we do know that the domain previously traded for $ 550,000 in 2017. The sale was facilitated by Right Of The Dot and GoDaddy.
In the case of Place, its website plays a crucial role in the services it provides. Operating on Place.com makes the perfect first impression.