Home61
Home61 is a technology company.
Financial History
Home61 has raised $4.0M across 2 funding rounds.
Frequently Asked Questions
How much funding has Home61 raised?
Home61 has raised $4.0M in total across 2 funding rounds.
Home61 is a technology company.
Home61 has raised $4.0M across 2 funding rounds.
Home61 has raised $4.0M in total across 2 funding rounds.
Home61 has raised $4.0M in total across 2 funding rounds.
Home61's investors include 75 & Sunny, All Iron Ventures, Ballistic Ventures, First Round Capital, FJ Labs, Foundation Capital, Hambro Perks, Long Journey Ventures, Montage Ventures, Moonshots Capital, Next47, Primitive Ventures.
Home61 is a technology-enabled real estate brokerage based in Miami that streamlines the buying, selling, and renting of homes through real-time data access and client-facing tools, making the process faster and more efficient for buyers, sellers, and agents.[1][2][3] It serves homeowners, buyers, renters, and real estate agents, solving pain points like outdated information and high commissions with a flat $6,000 seller fee, 3% buyer representation fee, and 5% rental commission, where 50% goes to agents and home sales drive 80% of revenue.[1] The company has shown strong growth, raising $4 million in funding, selling $112 million in properties since inception (doubling from $24 million to $44 million year-over-year), reaching top 50 brokerage status in Miami with 54 agents, and planning for 100 agents soon.[1]
Home61 was founded by experienced entrepreneurs blending tech and real estate expertise, including Olivier, who co-founded Brandsclub—the first major Brazilian internet company post-dotcom bubble to raise over $15 million from foreign investors, growing it into a top 25 e-commerce site before selling to Naspers in 2012—and team members with top MBA programs from Europe and the US.[1] The idea emerged to address real estate inefficiencies through automation and technology, as highlighted in their pitch deck used to raise $1 million, positioning it as a streamlined brokerage solution.[2] Early traction included rapid scaling to $112 million in properties sold and becoming a top Miami brokerage shortly after launch.[1][3]
Home61 rides the proptech wave, leveraging technology to disrupt the inefficient, agent-centric real estate industry by democratizing data and reducing commissions amid rising digital adoption in transactions.[1][2][4] Timing aligns with post-2020 shifts toward online real estate tools, accelerated by market digitization, with Miami's booming property scene providing tailwinds as a top U.S. growth hub.[1][3] It influences the ecosystem by proving scalable tech brokerages can achieve rapid traction (e.g., $112 million sales), inspiring similar models and pressuring incumbents to innovate.[1][5]
Home61's momentum—doubling sales, falling acquisition costs, and agent expansion—positions it for aggressive scaling, potentially hitting ambitious early targets like $1 billion in sales (noted in older projections).[1] Rising proptech demand, AI-enhanced listings, and urban migration trends will shape its path, evolving it from Miami leader to national player amid hybrid online-offline models. As a tech brokerage pioneer, its influence could redefine fairer transactions, tying back to its core mission of value for all parties in a trillion-dollar market.[1][2][4]
Home61 has raised $4.0M across 2 funding rounds. Most recently, it raised $50K Series A in May 2018.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2018 | $50K Series A | ||
| Oct 1, 2017 | $4.0M Seed | 75 & Sunny, All Iron Ventures, Ballistic Ventures, First Round Capital, FJ Labs, Foundation Capital, Hambro Perks, Long Journey Ventures, Montage Ventures, Moonshots Capital, Next47, Primitive Ventures, Quiet Capital, Redbud VC, Sapphire Ventures, Clark Landry, Ellen Pao |