(Photo by Pixabay user 12019 , used under a Creative Commons license)
Potomac, Maryland-based Curbio announced that it has expanded into Chicago and South Florida, with plans to rapidly move into other markets.
Founded in 2017, the real estate tech company curates a platform to help realtors manage renovation projects while also helping homeowners flip their homes to make a better profit. The startup has a mission to maximize listing prices and shorten days on market to benefit agents and sellers via accelerated proposal and project completion.
This expansion comes a few months after the startup closed a $7 million Series A funding round, where it said it would use the funding for city expansion and product development.
“We’ve built a team with the pre-sale renovation expertise required to actually increase the value of the home,” Curbio cofounder and CEO Rick Rudman said in a statement. “Agents love that Curbio takes care of everything from beginning to end, always focused on quality, speed to market and return-on-investment.”
Curbio said it will move into “dozens” of other major cities over the coming months, including Las Vegas, San Francisco, Boston and more. The startup is also launching strategic partnerships with real estate brokerage companies as it moves into new markets, including partnerships with Berkshire Hathaway HomeServices KoenigRubloff in Chicago and The Keyes Company in South Florida, according to a press release.
Curbio manages real estate renovations via its digital platform, plus on-the-ground project managers and general contractors. Through its app, project managers can send photo, message and video updates to homeowners and agents as work is being done. Curbio’s app also includes a proprietary database of pricing data for contracted projects.-30-
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