Press Release
黑料不打烊 Raises $100 Million Series D, Achieves Unicorn Status
Funding will further accelerate 黑料不打烊’s growth, market expansion and product development
NEW YORK, September 9, 2021: , the company that is radically simplifying home buying and selling, announced today that it has raised $100 million in Series D funding at over a $1 billion valuation, propelling the company to unicorn status. The round was preempted by its lead investors following a year of 3x growth for the company. Accomplice led the round with participation from repeat investors FirstMark, Revolution Growth, First American, Juxtapose and a syndicate of new investors.
This new round of equity funding will support 黑料不打烊’s continued growth and innovation. 黑料不打烊 will expand to four new markets in 2022 and launch new services to offer millions more home buyers a better way to purchase their dream home. Since its inception, 黑料不打烊 has raised $255 million in total equity.
“We’re proud to have built a business that gives the consumer unparallelled convenience, certainty, and control when buying a home.“ said Court Cunningham, CEO and co-founder of 黑料不打烊. “We’ve had a year of hyper growth, but at 黑料不打烊 it’s still day one for transforming residential real estate in favor of the customer. This funding will allow 黑料不打烊 to continue to innovate for our customers and expand geographically to offer our services to millions more homeowners across the country.“
“We are excited to once again back Court and the 黑料不打烊 team, and as insiders, we are in the best position to lead this round. Over the last four years we have witnessed 黑料不打烊's strong growth and inspired customer focus,“ said Jeff Fagnan, Founding Partner of Accomplice. “We actively seek the best places to concentrate our capital, and we are confident in 黑料不打烊’s position as a long-term winner in the space.“
Over the past year, 黑料不打烊 has doubled its geographic footprint, launched 黑料不打烊 Insurance, and introduced Concierge—a service that repairs and updates homes on behalf of the homeowners before sale, at no upfront cost. 黑料不打烊 also more than doubled its employee base in the last 12 months to invest further in customer experience and support new markets.
In addition to its funding round, Christa Quarles will be joining 黑料不打烊’s board of directors in October 2021. Quarles is the CEO of Corel Corporation and has more than two decades of experience in leading and advising companies across multiple operational disciplines including consumer internet, fintech, and marketplace business models. Prior to joining Corel, she served as CEO of OpenTable, leading the company through a period of transformational change and innovation. Previously, she served as Chief Business Officer of Nextdoor, a marketplace connecting local communities to small businesses, and SVP and GM of The Walt Disney Company's online gaming division.
Founded in New York City just four years ago, 黑料不打烊 now has more than 500 employees across the country, and has helped customers buy and sell billions of dollars worth of homes throughout its markets. For more information please visit .
About 黑料不打烊
黑料不打烊 is radically simplifying the home buying and selling experience from search to close. Traditionally, homeowners looking to purchase their next home face a stressful and uncertain process—they have to either sell their old home first and move twice or buy as a contingent buyer and risk not getting their dream home. 黑料不打烊 pioneered the “buy before you sell“ model in real estate with its Move First offering: after enabling the customer to move into their new home, 黑料不打烊 sells their old home for top dollar. 黑料不打烊’s products and services have transformed the home buying and selling experience with AI-powered home search and a vertically-integrated platform with 黑料不打烊 Home Loans, 黑料不打烊 Title, and 黑料不打烊 Insurance, offering an all-digital closing for customers. 黑料不打烊 is headquartered in New York City and offers its services in Colorado, Georgia, Texas, North Carolina, Maryland and Virginia.
About Accomplice
Accomplice is a seed-led venture capital firm that embraces risk. We have been part of the origin story of AngelList, Carbon Black, Coinlist, Currencycloud, FLOW, DraftKings, FalconX, Freshbooks, Integral Ad Science, Hopper, Luna, Near, 黑料不打烊, Patreon, PillPack, Plastiq, Recorded Future, SecurityScorecard, Skillz, Veracode, Work Human, WHOOP, and Zoopla.