Company Market Research Report: PLACE

Company Overview

• Name: PLACE

• Mission: To revolutionize the real estate industry and make running a profitable real estate business easier through technology and services.

• Founded: 2020

• Founders: Ben Kinney and Chris Suarez

• Key People:

• Ben Kinney, Co-Founder

• Chris Suarez, Co-Founder

• Chris Stuart, President

• Headquarters: Bellingham, Washington, USA

• Number of Employees: No information is available

• Revenue: No information is available

• Known For: PLACE is known as an all-in-one real estate services and technology platform for top-performing real estate teams, providing a comprehensive suite of business services, technology tools, and consumer services.

Products

• Products Offered: PLACE offers a comprehensive real estate technology platform and bundled business services.

• High-Level Description:

• PLACE’s platform integrates customer relationship management (CRM), lead generation, transaction management, and marketing tools into a single interface. It also offers services for accounting, hiring, training, digital advertising, legal, recruitment, and training.

• Key Features:

• Advanced CRM system for lead management

• IDX websites for property search and lead capture

• AI-driven real-time analytics and market insights

• Automated marketing solutions

• Transaction and document management tools

• Comprehensive business management solutions including finance and HR

• Personalized client engagement tools powered by AI

Recent Developments

• Recent Developments:

• In September 2024, PLACE acquired Livian, integrating Livian’s team servicing platform into its ecosystem.

• In September 2023, PLACE appointed Brendon Burchard as Chief Growth Advisor to enhance performance and growth.

• In July 2023, Orlando Ramírez was appointed as Executive Director of Strategic Partnerships.

• PLACE raised $100 million in a Series A round in November 2021, led by Goldman Sachs Asset Management, reaching a valuation of over $1 billion.

• New Products Launched: No specific new products launched are mentioned.

• New Features Added to Existing Products: No specific new features are mentioned.

• New Partnerships:

• PLACE has expanded across several regions, including Central Illinois, St. Louis, Washington State, Kansas City, Hampton Roads, Colorado, Houston, Vermont and New Hampshire, Portland Metro & Southwest Washington, and Central Kentucky, partnering with various local real estate teams to enhance growth and service offerings.

This report summarizes the available data on PLACE, focusing on their mission, product offerings, recent strategic developments, and expansion activities.