The Venture Codex Logo

The Venture Codex

PropBidder

3857 Birch St 29, Newport Beach, California, 92660, United States

Overview

PropBidder provides a web-based, SaaS-enabled online bidding marketplace for homes and condos, designed for real estate agents, realtors and brokers to plan, manage and participate in online bidding. The platform includes a patent-protected automated offer scoring feature that gives buyers and buyer’s agents real-time feedback on offers based on cash amount, financing, contingencies and other terms to speed negotiations. Since launching in 2020, PropBidder has onboarded customers and active users including listing agents, buyer’s agents and buyers, and has established relationships with enterprise brokerage partners such as Compass, eXP Realty, Coldwell Banker, Century 21, RE/MAX, Keller Williams and Sotheby’s. The company is based in Denver, Colorado, with offices in Orange County and San Francisco, California. PropBidder raised $1M in Seed funding and intends to use the proceeds to accelerate customer acquisition and to scale its team and enterprise residential brokerage partnerships across new and existing US metros.

Total raised
$1M
Funding rounds
1
Latest round
Seed
Latest activity
Feb 2022

Industries

  • Marketplace
  • Real Estate
  • Residential
  • SaaS
Visit website

Recent funding

  1. Seed

    Feb 2022

    $1M

Team

  • Mikael Hastrup

    Co-Founder & CEO

    LinkedIn
  • Sydney Jenkins

    Co-Founder & CTO