Sneak Prevue

Prevu Announces $6 Million Series A Financing, Welcomes New Investors

Retrieved on: 
Thursday, December 14, 2023

NEW YORK, Dec. 14, 2023 /PRNewswire-PRWeb/ -- Prevu, the leading savings-oriented, homebuying platform in the United States, is pleased to announce its Series A financing round of $6 million. The company is excited to welcome new investors Citi, RiverPark Ventures, Metropolis Ventures, Simplex Ventures, Winklevoss Capital, Liebenthal Ventures, and shares appreciation for the continued support and participation in the round from its existing investors.

Key Points: 
  • The company is excited to welcome new investors Citi, RiverPark Ventures, Metropolis Ventures, Simplex Ventures, Winklevoss Capital, Liebenthal Ventures, and shares appreciation for the continued support and participation in the round from its existing investors.
  • "In an era where affordability is a growing concern for homebuyers, Prevu is committed to making the dream of homeownership more attainable.
  • Our Smart Buyer Rebate plays a crucial role in helping buyers save money on their purchases."
  • This latest investment round will enable Prevu to further accelerate its growth and expand its mission of empowering homebuyers across the nation.

Prevu Brings Digital Home Buying Platform to South Florida - Now Live in 10 US Markets

Retrieved on: 
Thursday, March 2, 2023

MIAMI, March 2, 2023 /PRNewswire-PRWeb/ -- Prevu, a real estate technology company on a mission to empower homebuyers, today announced its digital homebuying platform is now available in South Florida - including cities like Miami, Fort Lauderdale, Boca Raton, and West Palm Beach. With Prevu's entrance into the market, consumers in the region now have a modern alternative to the antiquated homebuying process. Prevu delivers a seamless digital solution to search for available listings, schedule tours, make offers and more easily collaborate with a local real estate expert – while also returning up to 2 percent of the home's purchase price back to the buyer via the company's industry-leading buyer commission rebate.

Key Points: 
  • With Prevu's entrance into the market, consumers in the region now have a modern alternative to the antiquated homebuying process.
  • "Prevu solves this challenge for buyers by leveraging technology to unlock significant savings with a rebate that traditional real estate companies just can't afford to offer."
  • Prevu flips that model on its head, allowing everything to be completed at the click of a button, saving homebuyers time, money and stress.
  • South Florida is the third major market Prevu has expanded to in recent months, following Denver and Austin in December 2022, and the company now serves 10 major metropolitan markets across 9 states.

Prevu Announces Market Expansion into Texas and Colorado

Retrieved on: 
Monday, December 12, 2022

NEW YORK, Dec. 12, 2022 /PRNewswire-PRWeb/ -- Prevu, a real estate technology company on a mission to empower homebuyers, today announced its digital homebuying platform is now available in Austin, TX, Denver, CO, and their surrounding cities. With Prevu's expansion into Texas and Colorado, consumers in these markets will now have a modern alternative to the antiquated homebuying process. Prevu delivers a seamless digital solution to search for available listings, schedule tours, make offers and more easily collaborate with an experienced, local agent – while also returning up to 2 percent of the home's purchase price back to the buyer via the company's industry-leading buyer commission rebate.

Key Points: 
  • With Prevu's expansion into Texas and Colorado, consumers in these markets will now have a modern alternative to the antiquated homebuying process.
  • Both cities have strong economies with a diverse range of industries and job opportunities that have attracted growing populations," said Thomas Kutzman, Co-CEO of Prevu.
  • Prevu executives Cyndy Stewart and Todd Hovanec will serve as the managing brokers for Texas and Colorado, respectively, and the company welcomes Stephanie Kolesar as General Manager for the Greater Denver Area.
  • With Prevu, consumers can seamlessly search, offer and save up to two percent of the purchase price when they buy a home.

Digital Homebuying Platform Prevu Acquires Mortgage Technology of Reali

Retrieved on: 
Wednesday, October 26, 2022

NEW YORK, October 26, 2022  /PRNewswire-PRWeb/ -- Prevu, a real estate technology company on a mission to empower homebuyers, today announced that the company has completed the acquisition of assets pursuant to an asset purchase agreement with Reali, Inc. The acquisition was completed on October 14, 2022. Terms of the asset transaction include the transfer of all technology and intellectual property rights related to Reali, Inc.'s mortgage business, Reali Loans.

Key Points: 
  • Terms of the asset transaction include the transfer of all technology and intellectual property rights related to Reali, Inc.'s mortgage business, Reali Loans.
  • By acquiring Reali's mortgage technology assets, Prevu is positioned to expand its digital buying platform beyond real estate to include a seamless mortgage experience as well.
  • "The addition of Reali's mortgage technology accelerates our roadmap as we grow our product offering to delight consumers in their financing journey with Prevu."
  • The company's digital Smart Buyer platform offers a homebuying experience with unparalleled control, transparency and savings when purchasing a home.

Prevu Named to the 2022 Inc. 5000 List of Fastest-Growing Private Companies in America

Retrieved on: 
Wednesday, August 17, 2022

NEW YORK, Aug. 17, 2022 /PRNewswire-PRWeb/ -- Prevu, a real estate technology company on a mission to empower homebuyers, today announced it was named to Inc. Magazine's prestigious Inc. 5000 list of the fastest-growing, privately-owned companies in America - ranking No. 856. Prevu's three-year growth rate puts it in the top quintile of companies on the 2022 list. Previous Inc. 5000 honorees include Microsoft, Intuit, Zappos, and Under Armour.

Key Points: 
  • 34 in the real estate industry
    NEW YORK, Aug. 17, 2022 /PRNewswire-PRWeb/ -- Prevu , a real estate technology company on a mission to empower homebuyers, today announced it was named to Inc. Magazine's prestigious Inc. 5000 list of the fastest-growing, privately-owned companies in America - ranking No.
  • Prevu's three-year growth rate puts it in the top quintile of companies on the 2022 list.
  • Companies on the 2022 Inc. 5000 list are ranked according to three-year revenue growth rates from 2018 to 2021.
  • Companies on the 2022 Inc. 5000 are ranked according to percentage revenue growth from 2018 to 2021.

Prevu Expands California Operations With San Francisco Bay Area Launch

Retrieved on: 
Wednesday, June 22, 2022

SAN FRANCISCO, June 22, 2022 /PRNewswire-PRWeb/ -- Prevu, a real estate technology company on a mission to empower homebuyers, today announced its digital homebuying platform is now available in the San Francisco Bay Area. With Prevu's expansion of its California operations, consumers in the Bay Area now have a modern alternative to the antiquated homebuying process. Prevu delivers a seamless digital solution to search for available listings, schedule tours, make offers and more easily collaborate with a dedicated agent – while also returning up to 2 percent of the home's purchase price back to the buyer via the company's industry-leading buyer commission rebate.

Key Points: 
  • With Prevu's expansion of its California operations, consumers in the Bay Area now have a modern alternative to the antiquated homebuying process.
  • "Bay Area homebuyers today are faced with a growing affordability issue amid the confluence of rising mortgage rates and record home prices," stated Chase Marsh, Prevu's Co-Founder and Co-CEO.
  • Today's entrance into the San Francisco Bay Area accelerates the company's rapid market growth - already serving Los Angeles, Orange County, San Diego, Seattle, New York, Boston, and Philadelphia.
  • The company currently operates in New York City, Boston, Philadelphia, Los Angeles, San Diego, Orange County, San Francisco Bay Area, and Seattle.

Prevu Brings its Digital Home Buying Platform to Seattle

Retrieved on: 
Monday, January 10, 2022

SEATTLE, Jan. 10, 2022 /PRNewswire-PRWeb/ -- Prevu , a real estate technology company on a mission to empower homebuyers, today announced its digital homebuying platform is now available in Seattle.

Key Points: 
  • SEATTLE, Jan. 10, 2022 /PRNewswire-PRWeb/ -- Prevu , a real estate technology company on a mission to empower homebuyers, today announced its digital homebuying platform is now available in Seattle.
  • Prevu has hired experienced real estate executive and broker Cyndy Stewart to serve as General Manager for the Greater Seattle Area.
  • Seattle is the fourth market Prevu has entered over the past year, joining Los Angeles, San Diego, and Orange County, California.
  • The company's digital Smart Buyer platform offers a homebuying experience with unparalleled control, transparency and savings when purchasing a home.