PropBidder Secures Seed Round With Google Chairman And Lightspeed

Funding Rounds

Summary

"This funding round validates our market pull in the home bidding and offer category, as well as our clear product and customer competitive advantages that weve established in just under two years," said Mikael Hastrup, Co-Founder and CEO of PropBidder. She most recently came from big-box retail giant Nordstrom, and previously worked as an independent web developer with specialized skillsets in payment processing integration for e-commerce platforms. Mikael, a Stanford MBA, and Sydney, a college dropout who left after her first year to pursue a career in tech, met back in 2019 while working together on a freelance web project for an early concept within the residential brokerage market. While the married couple share qualities of being both technical and scrappy, Mikael identifies as the founding teams visionary, while Sydney gravitates towards a hacker mentality. With PropBidders patent protected automated offer scoring feature, buyers and buyers agents gain real-time feedback on their offers based on terms such as cash amount, financing, contingencies, and many other items, providing for a faster and more effortless negotiation process for all transaction participants.

$ Funding

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Amount $1.0M Total raised
Date February 22, 2022 Announcement date
Investors - Lead investors
Company https://www.propbidder.com Funded company

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