Home-flipping company Curbio raises $7m to further growth

by Candyd Mendoza13 Aug 2019

Curbio, a real estate technology company specializing in pre-sale renovation, has secured $7 million in a Series A funding, bringing its total financing to $13.6 million.

The company said it will use the latest financing to develop its proprietary technology and expand to new cities. Camber Creek and Brick & Mortar co-led the funding round.

The Curbio platform enables homeowners to "flip their own home" -- letting them pay after closing. The platform also provides customers with real-time project communication and updates.

"Curbio is transforming the home renovation, general contracting and home flipping markets by offering homeowners a novel way to capture the full potential value of their homes," said Casey Berman, managing partner at Camber Creek. "We are thrilled to be working with Curbio as they expand across the US"

"Curbio is completely re-inventing the way realtors and their clients approach pre-sale renovation," said Rick Rudman, president and chief executive officer of Curbio. "We're very excited to welcome Camber Creek and Brick & Mortar as our investment partners. Both firms have deep roots and expertise in real estate and construction tech, making them the perfect partners to support our vision."