Thursday, July 19, 2018

Reali Finds $20M For Expansion To Southern California

Reali, a Silicon Valley startup which offers up a high-tech, and artificial intelligence-enabled real estate service, said this week that it has raised $20M in a Series B funding round, which it specifically will use to launch in Southern California. The funding was led by Zeev Ventures, and also included Signia Venture Capital. The startup, led by CEO and co-founder Amit Haller, says it will use the funding to expand its product development efforts in artificial intelligence, double its headcount, and build out its model. The company says it plans to launch in Southern California, plus additional states, in 2018 and 2019. Reali said it is will be working on applying artificial intelligence to its existing service, using AI to help buyers and sellers make personalized decisions, such as determining offer prices, using augmented reality to tour a home, and understanding the optimal listing price of a home.