Fundz

Purlin Raises Seed Preferred Equity Round To Support Growth Of Business

PRIVATENov 11, 2022

Round Type

Seed

United StatesSoftwareData And AnalyticsMobileAppsArtificial Intelligence

Description

Purlin Co. (www.purlin.com) announced today raising an equity round with key financial and strategic investors, including SUM Ventures, New Valley Ventures, an investment vehicle managed by Douglas Elliman (NYSE: DOUG), Redwood Trust Inc. (NYSE: RWT), through its strategic venture investment platform, RWT Horizons, Mission Gate, and Fredrik Eklund and Julia Spillman-Gover, of The Eklund

Who else raised in Data And Analytics and Mobile around the same time

Companies in the same sectors as Purlin that raised within 45 days of this round, from Fundz verified event records.

  • Kumo AI raised $18M (Series B) on September 27, 2022.
  • ngrow.ai raised $2.3M (Seed) on December 21, 2022.
  • Dataiku raised $200M on December 13, 2022.
  • WeWALK raised $2.4M (Seed) on December 9, 2022.
  • OpenLoop raised $13M on December 2, 2022.
  • Dataiku raised $204M on November 25, 2022.

Who to call at Purlin, and when

A new round usually means Purlin is about to hire and buy. The teams that reach out first get the meeting.

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  • Who you already know at Purlin, from your own LinkedIn network

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Company Information

Company

Purlin

Location

United States

About

The strategic investment from RWT Horizons validates Purlin's roadmap as the company leverages its platform to support the entire homebuying process. "Purlin is a core component of our strategy to use technology-enabled services to simplify our agents' business as it relates to AI and home-search while unlocking great value for shareholders," said Scott Durkin, CEO of Douglas Elliman Realty, LLC. Purlin is the first company to combine together AI, machine learning, and natural language processing with image recognition to sort through millions of listing photographs and identify the specific rooms, features, and styles that will most appeal to a given buyer.

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Fundz sees it the moment Purlin raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Purlin raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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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 Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.