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Sundae snags $36M to build out its distressed property marketplace

TechCrunch LA

He did note that in the four markets where the company has gone live since launching its business in January 2019 — San Diego, Los Angeles, the Inland Empire , and Sacramento — has yielded an annualized revenue run rate of over $400 million in gross merchandise value (the total value of home sales transacted on its platform).

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Upfront Ventures Raised New $280 Million Fund

Both Sides of the Table

Our 3rd fund began investing in March 2009 (raised in 2008) and our 4th fund started in April 2012 so this fund will naturally begin investing around March / April 2015. Geographically our strategy is to fund about 50% of our deals in Southern California (from San Diego to Santa Barbara) and 50% of our deals on a national basis.