Clever Real Estate is a St. Louis, MO-based real estate technology company led by CEO Luke Babich. Its primary product is a realtor matching platform that lets sellers and buyers compare personalized realtor matches and save on fees. Clever’s network spans 19,000 agents across all 50 states. The company plans to use the $2M funding to expand operations and broaden its business reach and is launching a title and escrow closing solution in the second quarter of 2023. It is also continuing to grow its lender partnerships channel. Prior to this round the company had previously raised $11M in equity capital. Clever Real Estate provides consumers with free tools, expert advice, and matches to local vetted service providers through an online agent‑matching platform operating in all 50 states. The company runs a portfolio of online content brands that reach over 11 million readers and claims to be the nation’s largest discount real estate agent matching service. Led by CEO Ben Mizes and co‑founder/COO Luke Babich, Clever supports consumers across the real estate journey and reported $4 billion in total real estate sold through its platform, pacing to sell over 6,000 homes in 2021. The company plans to expand its team significantly, growing from 75 to 200 full‑time employees in 2022. Management says it will use new funding to expand the team further and accelerate expansion into the mortgage vertical.

Total raised

$10M

Funding rounds

2

Latest round

Equity

Latest activity

May 2023