Real estate tech firm to use $7.5m funding for platform expansion

by Candyd Mendoza27 Nov 2019

Real estate tech platform Entera has announced expanding the reach of its technology platform with the $7.5 million in capital it secured in its recent funding round.

Aside from the expansion, the company said that it would also continue to build out its team across the 13 markets Entera is available in.

Venture capital firms Bullpen Capital and Craft Ventures led the round, with participation from ValueStream Ventures and OJO Labs Chief Real Estate Officer Chris Heller.

“Real estate markets have long since moved online, but prior to Entera, there was no unified platform designed for professional real estate buyers and funds, a large and growing segment, to find, price or transact,” said Eric Wiesen, general partner at Bullpen Capital. “As more professional capital moves into residential real estate, companies like Entera who provide leading technology and tools, and a highly experienced team will play a critical role.”

The Entera platform provides real estate investors with access to on- and off-market properties at scale, machine-learning discovery, decision tools, and local tech-enabled transaction services.

“Entera’s platform, with its intuitive tools and user-friendly interface, is the real estate application that professional buyers and funds have been waiting for,” said Lainy Painter of Craft Ventures. “This technology will let people buy and sell properties with ease, transparency, and confidence, enabling investment capital to flow far more freely into residential real estate.”