RealScout
Company

Last deal

$4.4M

Amount

Series A

Stage

17.10.2016

Date

3

all rounds

$15.2M

Total amount

date founded

Financing round

General

About Company
RealScout helps real estate professionals and their clients to build effective relationships.

Industry

Sector :

Subsector :

Keywords :

founded date

01.06.2012

Number of employees

Company Type

For Profit

Last funding type

Series A

IPO status

Private

Description

The company's full-featured search platform combines buyer data-driven listings tools and industry home search experiences using value-added features such as open floor plans, large backyard, or close to public transportation, enabling individuals to get all the information before buying the house and brokers to achieve higher conversion rates, customer retention, and marketing ROI. RealScout is revolutionizing the real estate search experience by laying the foundation for a more personal home search, where Realtors can learn what their clients are looking for and suggest homes based on their intimate understanding of the inventory in a particular neighborhood.
Contacts

Contact Email

Phone number

Social url

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Financials

Funding Rounds
6
3

Number of Funding Rounds

$15.2M

Money Raised

Their latest funding was raised on 17.10.2016. Their latest investor Ken DeLeon. Their latest round Series A

Date 
Funding Round 
Investors 
Money Raised 
Lead 
17.10.2016
1
$4.4M
11.05.2016
19.04.2016
2
Drew Oetting

Drew Oetting

Drew began his career as an analyst in the Technology Investment Banking Division of Moelis & Company in Palo Alto, California where he focused on M&A advisory in the Internet/Digital Media and Network Infrastructure industries. While in college Drew worked in the private equity group of Cascade Investment in Kirkland, Washington as well as for Asia Pacific Investment Partners, a Hong Kong-holdings company focused on real estate and mining investments in Mongolia. Drew received a B.A. in Economics and Mathematics cum laude from Claremont McKenna College in Claremont, California. He was a Robert Day Scholar, two-time Bill Gates Investment/Michael Larson Asset Management Fellow and served as a student representative on the Claremont McKenna College Board of Trustees. Drew enjoys golf, basketball and snowboarding and in college sang tenor for The Claremont Shades, a professional a capella group. Originally from Iowa City, Iowa, Drew is passionate about using technology in conjunction with innovative leadership to improve society and tackle the world’s big problems.

current job

Resilience
Resilience

organization founded

2
Co-Investors
Investors
7
2

Number of lead investors

7

Number of investors

Investor 
Lead 
Round 
Partners 
No
Seed, Series A
No
Seed, Series A
Yes
Seed, Series A
Ken DeLeon

Ken DeLeon

Ken DeLeon sold $275 million in homes in 2011. Ken works with the most successful venture capitalists, CEO’s and entrepreneurs in the Silicon Valley, which is enjoying a renaissance and rebound in both technology investing and home prices. Before following his passion for real estate and becoming a Broker 9 years ago, Ken practiced trademark and patent law at Silicon Valley’s largest law firm, Wilson Sonsini Goodrich & Rosati. Ken received High Honors and several academic awards when graduating from law school at U.C. Berkeley’s School of Law.

current job

DeLeon Realty
DeLeon Realty

count Of Investments

2
Formation 8

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DCM Ventures

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Location

Menlo Park, CA, USA

count Of Investments

515

count Of Exists

104
Acquisitions
1
Acquiree Name 
Date 
Price 
Acquisition Name 
Hesta Home acquired by RealScout

Hesta Home acquired by RealScout

acquirer

RealScout
RealScout

date

16.01.2017

type

Acquisition
Hesta Home

Hesta Home

Hesta Home is an online platform that streamlines communication between homebuyers and top agents.

Sector

Real Estate Investment and Services Development

Subsector

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Keywords

Real Estate, Search Engine, Property Management

Location

Chicago, IL, USA

People

Founders
2
Michael Parikh
Michael Parikh

Michael Parikh

current job

RealScout
RealScout

organization founded

2

Michael Parikh

Andrew Flachner
Andrew Flachner

Andrew Flachner

Andrew Flachner is Co-Founder & President at RealScout.

current job

Forbes Real Estate Council
Forbes Real Estate Council

organization founded

2

Andrew Flachner

Employee Profiles
30

Shane Houston

Manager - strategic accounts

Andrea Gil

Member success coach @realscout

Duke Fan

Duke Fan

VP - Product

Arthur Kaneko

Arthur Kaneko

Business Operations

Marshall Choi

Marshall Choi

Talent Advisor

Bart Marchioni

Bart Marchioni

Director of Member Success

Michael Parikh

Michael Parikh

Co-founder & CTO

Andrew Flachner

Andrew Flachner

Co-Founder and President

Activity

Recent News
3
News Timeline

The graph reveals the ratio (%) of positive news articles in a chosen time range

month