Side raises $35 million

Side, “the only real estate brokerage that enables high-performing agents, teams, and local brokerages to grow their businesses and their own boutique brands,” has raised $35 million in a Series C round led by Sapphire Ventures with participation from Trinity Ventures, Matrix Partners and a host of strategic real estate investors.

Founded in 2017, Side is a real estate technology company that exclusively partners with “the best agents” to create, grow, and power their own brands and businesses with the support of a full-service model and Side’s proprietary end-to-end technology platform. With Side, agents focus on two things – prospecting and sales and client services, leaving other areas such as marketing, listing coordination, system implementation, and vendor management to the company. As a result, Side’s platform saves agents an average of 62 days of time per year, and these agents see a 45 percent year-over-year growth rate, with some experiencing growth greater than 120 percent.

“Side partners with top-producing real estate agents and teams in each market, and provides a valuable mix of technology, support, and an economic model that helps entrepreneurial agents grow. I’m delighted to join Side’s board and be a part of the journey ahead.” – Paul Levine, Managing Director at Sapphire Ventures.

“It is great validation to have Paul and Sapphire Ventures as a lead investor, and we welcome their experience and support as we expand our reimagined brokerage model nationwide. By bringing the best agents in each market together and empowering them with a game plan, support team, and a one-of-a-kind technology platform that delivers a premium service, they’re able to provide the best experience and results to more buyers and sellers. What consumers want most is a great experience and great results, and working with experienced agents is the best way to buy or sell a property, now and in the future.” – Side CEO and Co-founder, Guy Gal. 

Bottom Line: Your next partner.