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Luxury Presence raises $22M in Series C funding led by Bessemer Venture Partners to enhance its AI relationship engine, Presence® CRM.

PRIVATEJan 08, 20265 months ago

Amount Raised

$22 Million

Round Type

series c

Los Angeles

Investors

Adam And Jade MillsTpcGs BackersNext EquityBessemer Venture Partners

Description

Luxury Presence, an Austin-based provider for real estate agents, raised $22M in equity financing in a Series C round. The round was led by Bessemer Venture Partners, with participation from NextEquity, GSBackers, TPC, and Adam and Jade Mills. The funds will aid in accelerating the development of Presence® CRM, transforming agents' networks into proactive business sources. To date, the company has raised a total of $89M.

Company Information

Company

Luxury Presence

Location

Los Angeles, California, United States

About

The Los Angeles-based company, which last raised in January 2020, has amassed a total of $33.3 million since its launch in 2016. The company serves 3,700 customers, including individual and multi-agent real estate teams. The company doubled its headcount in the past year to over 130 employees today, and plans to double it again in 2022, Kramer said. Luxury Presence will use the funds to build new sales products for agents, some of which it expects to announce later this year, as well as to continue iterating the platform’s design and user experience.

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Predictive Intelligence
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ML-powered predictions for Luxury Presence's next move

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.

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