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Side raises more than $60 million in total funding which will be used to cover more sectors
FREMONT, CA: Side, a San Francisco, CA-based real estate brokerage enterprise, has raised over $60 million in total funding. It is a real estate brokerage company that empowers agents, teams, and local brokerages to grow its businesses and it's boutique brands.
The most recent amount raised was $35M in the Series C round led by Paul Levine, the managing director of Sapphire Ventures. Patricia Nakache of Trinity Ventures, Dana Stalder of Matrix Partners, and a host of strategic real estate investors also contributed in the round.
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The collected money will be used to produce extended support to the Side's agent partners and nationwide expansion of the company. Side is on a mission to develop and remodel the way real estate works by enabling and empowering the top performing agents in the industry to encourage them to serve the customers better, fulfilling the needs of home buyers and sellers. This funding follows the recent announcements of Side's expansion into Southern California and Texas, by partnering with top agents from those respective markets. Led by CEO and Co-founder Guy Gal, Side allows agents, teams, and independent brokerages to become businesses and boutique brands that are agent-owned. The company then requested its partner with proprietary technology and a support team so they can be more productive, grow their business, and focus on serving their clients.
Side's roster of partners includes Michael Silva, Founder of Happen Houston; Anthony Margulies, Founder of Amalfi Estates; Bryn and Robb Stroyke, Founders of The Stroyke Properties Group at Bayside; Ben Bacal, Founder of Revel Real Estate; Dave Fratello, Founder of Edge Real Estate; Matt Luke, Founder of Major League Properties; Jared Jones and Brian Hopkins, Founders of Power of 2 Realty; Jeff Rosa, Founder of Market Real Estate; and Tyson Robinson, Founder of Trillion Real Estate, among others.
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