Real estate property intelligence platform Remine raises $30M Series A round

Real estate property intelligence platform Remine reported raising a $30 million Series A funding round led by New York–based growth equity firm Stripes Group. The funds will go toward efforts to continue the Fairfax, Va.–based company’s multiple listing services (MLS) expansion.

Real estate tech company Remine raises $30 million to grow MLS platform https://t.co/uBBR1XMBMC

— HousingWire (@HousingWire) February 12, 2019

Launched in 2016, the real estate tech startup previously raised a $18 million seed round in 2017, bringing the startup’s total funding to $48 million to date. The real estate platform for agents analyzes property records, transactional history, and consumer data to deliver actionable insights for active real estate agents around the country, Technical.ly DC previously reported. Since we last checked in, Remine said it has expanded its portfolio to serve more than 825,000 agents and their clients.

“Remine’s vision is to empower the MLS industry with modern, open and scalable technology which supports front end and input of choice, while adding new reporting and safeguarding controls to ensure the integrity of its data,” cofounder and CFO of Remine Mark Schacknies said in a statement. “Stripes shares our passion for building the next great MLS platform and marketplace for our generation.”

Remine said it has partnerships with more than 40 MLS markets in the U.S. to offer a front-end platform that uses big data to provide agents with actionable intelligence, a full stack platform for the MLS to support front ends and add/edit of choice, a unified database API of public record data, contacts, saved search and MLS data and an MLS consumer portal that syncs both desktop and mobile.