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Zefir raises €11M in funding to speed up real estate transactions

Apr 23, 2024over 1 year ago

Amount Raised

€11 Million

ParisReal Estate

Investors

Zigg CapitalThird Kind VentureStrideHeartcoreSequoia Capital

Description

Zefir, a proptech company, has announced a funding round of €11 million to further develop its Collective Selling model and to stop its instant-buying option. The funding will be used to increase investments in Product and AI, creating more efficient tools for sellers, buyers, and agents.

Company Information

Company

Zefir

Location

25 Rue du Mail

Paris, Ile De France, France

About

Zefir accelerates life changes. Zefir stands against the prevalent 'every man for himself' mentality in real estate. We've created the first collective sales platform that not only accelerates the connection between sellers and buyers but also fosters cooperation among all agents. By dividing roles among various agents, ensuring fair compensation, evaluating performance, and centralizing a network of buyers and properties, we're setting a new standard for efficiency and transparency in the industry.

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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