Real Estate Startup First.io Closes $5M Series A Funding

First.io, a Durham, NC-based Artificial Intelligence driven platform for Real Estate professionals, closed $5M in Series A funding.

Backers included Math Venture Partners, Nine Four Ventures, and @properties’ co-founders Thad Wong and Mike Golden.

Led by Mike Schneider, founder and CEO, First.io is a technology startup that uses artificial intelligence to allow real estate agents to connect with prospective home sellers ahead of their competition. The platform empowers brokers and agents to focus on the right people in their network at the right time. It starts by managing agents’s network, organizing an agent’s contacts, and supplementing missing personal and property data to help keep databases current.
First also leverages hundreds of data points, such as income and spending behavior, market trends, property information, and life events on 214 million people across the nation. The machine learning platform analyzes this information to provide insights that allow agents to prioritize and facilitate communication with contacts that will lead to revenue.

The company’s software is currently used by top real estate brokers at more than 200 companies nationwide.

FinSMEs

23/05/2018

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