{"id":5114,"date":"2024-02-05T21:17:07","date_gmt":"2024-02-05T21:17:07","guid":{"rendered":"https:\/\/frankbuysphilly.com\/realreports-raises-2-million-in-seed-funding\/"},"modified":"2024-02-05T21:17:07","modified_gmt":"2024-02-05T21:17:07","slug":"realreports-raises-2-million-in-seed-funding","status":"publish","type":"post","link":"https:\/\/frankbuysphilly.com\/realreports-raises-2-million-in-seed-funding\/","title":{"rendered":"RealReports raises $2 million in seed funding"},"content":{"rendered":"
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Proptech company RealReports<\/strong>, formerly known as BHR<\/strong>, has successfully secured $2 million in seed funding. TTV Capital<\/strong>, Moderne Ventures<\/strong>, Erez Capital<\/strong> and other venture capital firms led the round of investment. <\/p>\n With this capital infusion, the company aims to accelerate its product development, grow its team and pursue market penetration with real estate brokerages, MLS associations and other proptech companies nationwide.<\/p>\n \u201cWe are thrilled to have such engaged and helpful investors join us in this round, and are more confident than ever before about our path forward,\u201d James Rogers, co-founder and CEO of RealReports, said in a statement.\u00a0<\/p>\n RealReports is a real estate platform that gathers property data<\/a>, ranging from climate risk to valuation, in one place. It pulls information from more than 30 data providers and also features an AI-powered<\/a> assistant, Aiden, which can answer questions about a property. The product is marketed toward real estate agents to help them build trust and credibility with their clients, the news release states.<\/p>\n In an environment in which agents are increasingly under scrutiny, having a clear understanding of data trends is a competitive advantage for real estate professionals<\/a>.<\/p>\n RealReports also announced a partnership with Plunk<\/strong>, an AI-powered home analytics platform, last November<\/a>. This collaboration made property research, comprehensive valuation<\/a> and remodeling insights available in one place. <\/p>\n