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Luxury Presence, which builds marketing tools for realtors, raises $19.2M

TechCrunch · 2y ago

Luxury Presence, which builds marketing tools for realtors, raises $19.2M

Luxury Presence, a startup providing marketing solutions for real estate professionals, has raised $19.2 million in a Series B1 round led by Bessemer Venture Partners. The platform offers tools and services for creating real estate websites, ads, content marketing strategies, and social media engagement. It recently launched an AI-powered mobile app called Presence Copilot for realtors. The company aims to support high-performing real estate professionals with technology and plans to use the funding to further develop its products. The proptech sector saw a decline in funding in 2022, with VC-backed proptech companies raising 38% less than in 2021.

Related News

Luxury Presence Secures $37 Million in Funding | The SaaS News

The Saas News

The Saas News · 8d ago

Luxury Presence Secures $37 Million in Funding | The SaaS News

Luxury Presence, a growth platform for real estate professionals located in Austin, Texas, has raised $37 million in funding. This includes $22 million in Series C equity financing led by Bessemer Venture Partners and a $15 million debt facility from J.P. Morgan. The funds will enhance the development of Presence® CRM and improve the company's AI platform for marketing and client engagement. Luxury Presence serves over 17,000 real estate businesses with AI-driven tools.

Beauty brand RAS Luxury Skincare raises $5 million from Unilever Ventures, others

Economic Times

Economic Times · 1y ago

RAS Luxury Skincare, a Raipur-based beauty brand, has secured $5 million in funding led by Unilever Ventures, along with Amazon Smbhav Venture Fund and existing backers. The funds will be used to expand its retail and online presence, invest in talent, R&D, marketing, and technology. Founded in 2017, RAS offers plant-based, vegan products and has seen 140% growth annually. The brand plans to increase offline revenue and establish a strong presence in India’s luxury skincare market.

Turbostart leads $2.5 Mn round in Lighthouse PropTech

Entrackr

Entrackr · 10m ago

Turbostart leads $2.5 Mn round in Lighthouse PropTech

Snippets Turbostart leads $2.5 Mn round in Lighthouse PropTech Proptech startup Lighthouse PropTech has raised $2.5 million in a new funding round. Turbostart led the round with $1 million, along with participation from the Dabur Family Office and several other HNI family offices, valuing the company at $13.5 million. The fresh funds will be utilized for expansion as it builds a technology-driven platform for luxury real estate transactions in India, Lighthouse stated in a press release. Launched by Sumesh Mishra, Lighthouse PropTech aims to empower its clients with innovative solutions to efficiently manage their luxury real estate portfolios. The company’s offerings include Luxury Listings—an exclusive platform showcasing premier, handpicked properties—and Luxury Exclusives, which provides tailored experiences and bespoke property opportunities. According to Lighthouse PropTech, it is developing a next-generation digital platform to transform luxury real estate transactions for HNIs and UHNIs, offering a seamless, AI-powered investment experience. Market research indicates that India's luxury real estate market is experiencing unprecedented growth, with the segment expected to surpass $100 billion by 2030, growing at a CAGR of 21.81%. Founded in 2019, Turbostart is a global early-stage venture capital firm and accelerator. With a global presence spanning India, the Middle East, the US, and Singapore, Turbostart has launched five funds over five years, supporting over 50 diverse startups across various sectors and stages.

Hospitality startup Elivaas raises $5 million from 3one4 Capital, others

Economic Times

Economic Times · 1y ago

Hospitality startup Elivaas raises $5 million from 3one4 Capital, others

Elivaas, a tech-driven villa and luxury apartment management company, has raised $5 million in a Series A funding round led by 3one4 Capital. The funds will be used to scale the company's technology platform and expand its market presence. Elivaas offers a management platform for luxury villas and apartments, assisting homeowners in monetizing and maintaining their properties. The company also operates an online booking site and utilizes an AI-based chatbot for customer service. With over 140 properties in popular Indian destinations, Elivaas aims to disrupt the luxury vacation rental market in India.

Influencer marketing platform Qoruz raises seed funding from Dexter Angels, others

IndianStartupNews

IndianStartupNews · 2y ago

Influencer marketing platform Qoruz raises seed funding from Dexter Angels, others

Influencer marketing platform Qoruz has secured seed funding from Dexter Angels. The Indian startup provides tools to connect brands with influencers for marketing campaigns. The funding will likely be used to further develop its platform and expand its reach in the influencer marketing space.

Observe, the data observability platform, raises $115M with Snowflake investing

TechCrunch · 1y ago

Observe, the data observability platform, raises $115M with Snowflake investing

Observe, a startup that builds observability tools for machine-generated data, has secured $112 million in Series B funding. The funding round was led by Sutter Hill Ventures, with participation from strategic partner and investor Snowflake, as well as Capital One Ventures and Madrona. Observe's tools help developers understand how their applications are working and being used, aiming to break down data silos. The funding reflects the increasing demand for cost-effective solutions that allow for efficient data management and analysis. Observe is also experiencing strong growth in annual recurring revenue and net revenue retention.

Superorder raises $10M to help restaurants maintain their online presence

TechCrunch · 2y ago

Superorder raises $10M to help restaurants maintain their online presence

Superorder, a platform that helps restaurants enhance their online presence and streamline their off-premise dining operations, has raised $10 million in a funding round led by Foundation Capital. The platform provides tools for website creation, order management, marketing, financial management, and more. It also assists restaurants in launching virtual restaurants or ghost kitchens and uses generative AI to generate menus and photos for each virtual restaurant listing. Superorder plans to use the funding to expand its operations, sales, and engineering teams and become a comprehensive off-premise operating system for restaurants.

Beyond Silos: Breaking Down Barriers With Integrated Marketing Campaigns

Inc42 · 1y ago

Beyond Silos: Breaking Down Barriers With Integrated Marketing Campaigns

Integrated advertising campaigns are essential for brands to enhance their market presence and elevate their brand value through innovation. By customizing solutions based on consumer emotions and brand capacity, marketers can effectively target their audience. Choosing the right mix of marketing tools and channels, tailored to the specific market dynamics and brand objectives, is crucial for success. Integrated marketing drives brand growth and success by breaking down barriers, driving meaningful engagement, and achieving marketing goals. With careful planning and a unified approach, brands can thrive in today's competitive marketplace.

Marketing platform Grexa AI raises $1.85 Mn in seed round

Entrackr

Entrackr · 5m ago

Marketing platform Grexa AI raises $1.85 Mn in seed round

Marketing platform Grexa AI has raised Rs 15.5 crore (approximately $1.85 million) in a seed funding round led by Utsav Somani. The round also witnessed participation from DeVC (Z47’s seed fund), Bharat Founders Fund, and individual investors like Revant Bhate, Vaibhav Domkundwar, Ramakant Sharma, and Sumit Gupta. The proceeds will be utilized for product innovation and enhance market reach, Grexa said in a press release. Co-founded in 2024 by Ashutosh Kumar, Ayush Varshney, Arpit Oswal, and Narendra Agrawal, Grexa AI provides enterprise-level digital marketing capabilities in a simple and accessible way, leveraging AI to automate and optimize various marketing tasks. The Thane-based company focuses on building an AI-powered platform that integrates local SEO, social media, online ads, and website management for small businesses. The platform is specifically designed to address the needs of small businesses in India, who may lack the technical skills or resources to effectively manage their online presence. According to Grexa AI, it delivers full-funnel, always-on marketing through an autonomous AI engine and it’s already being used by over 21,600 businesses across salons, clinics, gyms, cafés, and more. The platform aspires to reimagine digital growth for India’s over 6 crore small businesses by eliminating the need for agencies, freelancers, or complex tools—bringing full-funnel, autonomous marketing into one simple app.

Haircare brand &Done raises $3 million funding led by RTP Global - The Economic Times

Economic Times

Economic Times · 9d ago

Haircare brand &Done has raised $3 million in a funding round led by RTP Global, with participation from other investors. Founded by Atit Jain and Saumya Yadav in 2023, &Done initially targeted salons but has since expanded to retail customers. The funding will be used for team expansion, research, and marketing. The company, which focuses on effective hair care for Indian consumers, plans to broaden its product range and boost its online and offline presence.

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