Sugar Closes $2.5M Seed Round To Continue Growth, Expand Talent
08/27/21, 2:18 AM
Money raised
$2.5 million
Round Type
seed
Sugar, the venture-backed proptech company turning apartment buildings into interactive communities, has announced today that it has closed a $2.5M seed funding round. The funding was led by a prestigious group of key strategic investors across property tech, community and innovation. It will be used to drive Sugar’s continued growth and expand its talent.
Company Info
Additional Info
Today, the startup has clients globally, including residential communities of varying sizes, real estate investment groups, Airbnb rentals, hotels and other types of residential properties. Also participating were angel investors such as SquareFoot CEO Jonathan Wasserstrum, Ben Zises, Diran Otegbade, Oleksiy Ignatyev and Zillow board member Claire Cormier Thielke, also of Sequoia Scout Fund. Mali-born Fatima Dicko founded Los Angeles-based Sugar in March 2020. Sugar currently has nine full-time employees compared to two employees last year.