Inventory
info icon
Single family homes on the market. Updated weekly.Powered by Altos Research
735,718-296
30-yr Fixed Rate30-yr Fixed
info icon
30-Yr. Fixed Conforming. Updated hourly during market hours.
6.94%0.01
FintechTechnology

Appraisal tech startup Reggora raises $10 million in Series A funding

The company has raised about $15 million

Appraisal software company, Reggora, has announced its $10 million Series A funding round.

This funding round was led by Spark Capital, which also led the company’s $3 million seed round in January 2019. This round was also joined by existing investors, including Boston Seed Capital.

In a release, Reggora said it plans to focus on adding to its engineering, sales and operations teams, while expanding its nationwide presence and innovation in the real estate space with this funding.

“Since our last round of funding, we have been able to establish ourselves as the premier automated appraisal technology and now work with regional and national lenders across the country,” said Brian Zitin, Reggora’s chief executive officer and co-founder. “This latest round of funding is a testament to both our rapid growth and to the strength of our software. I’m excited to continue our journey and spearhead a new era of appraisal modernization.”

This most recent round of funding brings Reggora’s total amount raised to about $15 million, according to the company.

In the past year, Reggora has expanded its client base, as well as invested in partnerships to provide clients with a competitive appraisal process.

“Reggora has exceeded all expectations from a customer and product standpoint since its seed round,” Alex Finkelstein, a partner from Spark Capital said. “We continue to be impressed with the company’s ability to scale and innovate, and are excited to support their vision.”

As a result of the seed funding round last year, Finkelstein joined Reggora’s board of directors.

Most Popular Articles

Latest Articles

Lower mortgage rates attracting more homebuyers 

An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s […]

3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please