Investor Backing & Capital Strength:
Fresh capital is evident in a $25M Series B closed July 30, 2024 led by Lux Capital with participation from Starwood Capital Group and major MLSs (CRMLS, Stellar MLS, REcolorado). Strategic involvement from MLS investors points to confidence and potential distribution leverage.
Market Expansion:
New MLS adoptions and defined rollouts are underway, including Baldwin REALTORS selecting Perchwell with a 2026 parallel period and cutover, while CRMLS continues to promote onboarding. These concrete timelines indicate widening geographic reach beyond the company’s New York origins.
Innovation-Driven Growth:
Product momentum includes full MLS capabilities with mobile parity and AI features, plus recognition by RESO for implementing full listing Add/Edit. Leadership in REBNY’s migration to a RESO Web API and feature roadmaps tied to enterprise cutovers signal ongoing innovation tied to deployments.
