How a call to Seattle startup Nexme’s toll-free number led to a seed round worth $500k

Funding Rounds

Summary

Seattle-based Nexme had launched its minimally viable product (MVP) and its team was working long hours to make improvements to its real estate buying app. The call led to hours-long meetings assisted by butcher paper and colored pens, said Nexme co-founder and CEO Arian Abdulkader. Having someone believe in your vision and what you’re trying to bring to life is really an emotional moment,” said Vanessa Alvarez, co-founder and chief operating officer for Nexme, in an interview. In addition to support from Montgomery, the business has a second, unnamed angel investor who formerly worked at Microsoft and has spent 25 years investing in real estate. It has joined a host of other Seattle-based companies in the home realty space, including publicly traded Redfin and Zillow Group.

$ Funding

$
Amount $500.0K Total raised
Date August 17, 2020 Announcement date
Investors Zillow, Washington Technology Industry Association Lead investors
Company https://nexme.com/ Funded company

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Fintech & Banking
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