Facilitating track-able client referrals from real estate agents to home product and service companies
Business Model: B2B
Revenue: $1.1M
Employees: 11-50
Address: 21 W 46th St
City: New York
State: NY
Zip: 10036
Country: US
Launched July 2014, LocalMaven is a platform that allows businesses, influencers and customers to connect with each other and benefit from word-of-mouth referrals. In January of 2015 LocalMaven launched RealtyMaven.com, its first market specific website, to focus on the Real estate agent-to-business referral marketplace. Over 5,500,000 homes were sold in the United States in 2014, renovations in the United States exceed $500B annually, and there are over 1,000,000 Realtors that are members of the National Association of Realtors. RealtyMaven is tapping into this vast marketplace for Realtor referrals. Using the RealtyMaven app and website, real estate agents refer their clients to trusted local businesses that can provide the services and products needed for their new or existing home purchase. From contractors to landscapers and from lighting providers to carpet cleaners, RealtorMaven provides a simple platform for Realtors to give referrals to their clients. In turn, businesses provide insider deals for clients and a commission for each successful referral. Every time a successful referral takes place, the customer gets an exclusive deal, the Realtor earns a commission, and the business grows. It’s a win-win-win. **The original LocalMaven.com site remains operational and facilitates more generalized referrals between Mavens (or people in the know) and businesses.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 3/2014 | Non Equity Assistance | 1 | $1.1M |
Mastercard Start Path Mastercard Start Path |
11/2013 | Seed Round | 2 | $210k |
Arnon Rosan Sean O&s;Day Arnon Rosan Sean O&s;Day |
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