202213 Sep

Redfin CEO, DoorDash co-founder invest in new startup building portal for Mexico real estate

Summary

The round was led by PSL Ventures, with participation from heavy-hitting angels including Redfin CEO Glenn Kelman and DoorDash co-founder Evan Moore, who was also the former vice president of product at Opendoor.The Seattle-based startup has an online listings portal to buy and sell homes in Mexico, with plans to eventually expand to new market geographies. Employees who can work remote are increasingly interested in moving to beach-front locations, he said.The Far Homes team has identified a clear opportunity in the market, Ben Gilbert, co-founder and managing director of PSL Ventures, said in a statement. Flat.mx, a startup offering iBuying services to homeowners in Mexico, raised $20 million.Pacaso, co-founded by former Zillow CEO Spencer Rascoff, is also aiming to make it easier for people to own vacation homes. The company, which splits ownership into fractional shares, has a handful of properties in Mexico.Far homes, which has six employees, was founded in 2022 by Kittleson, Molly Braeunig and Max Blumen. Blumen worked at both Redfin and Convoy, where he held leadership roles in the marketplace and business growth divisions.The company said it will use some of its fresh cash to make several hires in positions including tech and customer support.

Source: Geekwire

Funding

$2.25M
Amount
Sep 13 2022
Date
-
Investor
Far Homes
Company

Classifications

Companies