Rubik, a NYC-based startup offering a data-driven acquisition platform for institutional single household buyers, closed a $3.55M Seed funding spherical.
The spherical was led by Ulu Ventures with participation from buyers together with South Central Ventures, AAF Administration, ERA’s Exceptional Ventures Fund, Inexperienced Egg Ventures and Greg Waldorf, former board member at Trulia and Zillow.
The startup plans to make use of the funds to develop its transactional quantity throughout present markets by additional constructing out its core information & analytics platform and increasing the engineering, gross sales and advertising groups.
Based by Amar Sehic, Krenar Roka and Tommaso Montagni, Rubik was created as a contemporary know-how platform for institutional single household rental (SFR) buyers.
By leveraging information science to uncover and combination proprietary stock and permitting for a completely digitized acquisition course of, Rubik supplies a plug and play acquisition platform for institutional patrons. Harvesting and analyzing information throughout whole markets, the know-how is ready to determine properties that match the precise shopping for standards of every purchaser and which aren’t at present in the marketplace. The startup’s mannequin includes bringing these off-market properties onto their market, with out taking possession, and permitting institutional buyers to then buy the belongings by means of a streamlined method and with full information transparency.
Since launching {the marketplace} in 2021, Rubik has transacted greater than $12M of single household properties and counts 20 of the biggest SFR patrons within the nation as its prospects.
FinSMEs
03/08/2022
