Prevu raises $2m for homebuying platform that offers rebates

by Candyd Mendoza16 Sep 2019

Prevu, a real estate broker startup, has closed a $2 million seed funding round to enhance its technology platform and offer more rebates to homebuyers.

The startup’s flagship Smart Buyer platform guides customers in the homebuying process and rebates up to 2% of the purchase price for those who complete a purchase on the platform.

Venture capital firm Corigin Ventures led the round, with participation from previous investors including Kairos and AVG Basecamp.

“We were incredibly frustrated by our own experiences in buying real estate, and we sought to create a truly intuitive model that gives control back to consumers and eliminates a lot of the stress involved,” said Prevu co-founder Thomas Kutzman. “Our Smart Buyer platform was created to address these inefficiencies and provide greater control to buyers, while delivering rebates that help to offset the significant expenses involved in purchasing a home.”

Prevu said it would also use the funding to grow its engineering team and expand to more markets. Prevu currently operates in New York City and Connecticut.