Thursday, October 5, 2017

FlyHomes Captures $4M In Funding

Seattle-based real estate startup FlyHomes said Thursday that it has raised a total of $4M in funding, including $2M in a Series A equity funding, plus $2M in debt. The funding was led by Mark Vadon (Blue Nile, Zulily), and also included Pritzker Group Venture Capital and Al Goldstein (Avant). As part of the funding, Vadon joins the company's board of directors. Flyhomes offers up an online real estate service aimed at helping buyers get the "lowest possible price" for the "perfect home". The company said the funds go towards expanding marketing efforts and to accelerate product development. FlyHomes' CEO and co-founder is Stephen Lane; the company's co-founder and COO is Tushar Garg.