Fello Secures $25 Million to Expand Agent-Led iBuying Solution
Summary
This new funding will help Fello scale its mission of empowering all agents with an iBuying solution and providing home sellers with a seamless, trusted experience. The equity funding was led by Javelin Venture Partners with participation from Ben Rubenstein, founder of OpCity and former Realtor.com CRO. "Having been a prop-tech investor and entrepreneur for decades, Ive concluded that an agent-led iBuyer is the right solution for both home sellers and realtors," said Jed Katz of Javelin Venture Partners. "Having visibility into leading proptech trends," said Ben Rubenstein, "Fello has created a brand new category with agent-led iBuying. But the founding team of Ryan Young, Tom Schrader, and Stephen London knew a human element was missing.
Funding
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