Compass, Inc is an American licensed real estate broker that utilizes the Internet as a marketing medium with the use of real estate technology.
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26 Facts About Compass Inc
2.
Compass Inc is the first company to have built a proprietary mobile app for real estate agents.
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3.
Compass Inc was named Mid-Sized Business of the Year by the Manhattan Chamber of Commerce in 2015.
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4.
Compass Inc received a Webby Award for Best Real Estate Website, and was named to Fast Company's Best Workplaces for Innovators in 2019.
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5.
Compass Inc won the 2020 Webby People's Voice Award for Real Estate in the category Web.
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6.
Compass Inc was founded by entrepreneurs Ori Allon, Robert Reffkin and Avi Dorfman as “Urban Compass Inc” in 2012.
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7.
Compass Inc raised $8 million of seed funding from Founders Fund, Thrive Capital, Goldman Sachs as well as several individual investors including American Express CEO Kenneth Chenault, and ZocDoc CEO Cyrus Massoumi.
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8.
Compass Inc publicly debuted at an event in May 2013, where then-New York City Mayor Michael Bloomberg helped celebrate the launch.
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9.
At the beginning of 2014, Compass Inc announced it would change its overall business model by contracting independent real estate agents and taking a portion of their commissions.
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10.
In July 2014, Compass Inc raised a Series B financing round of $40 million at a valuation of $360 million, according to Bloomberg.
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11.
Compass Inc reported having 125 agents and 70 staff at this time.
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12.
In September 2015, Compass Inc raised a Series C financing round of $50 million at a reported valuation of $800 million.
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14.
Compass Inc launched a new mobile app that offers real-time data on the real estate market.
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15.
In 2017, Compass hired several new executives to its leadership team, including Madan Nagaldinne, a former Facebook and Amazon executive, as Chief People Officer, and Craig Anderson, a former Flywheel executive, as chief financial officer.
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16.
Compass Inc expanded into Chicago in late November 2017, signing the city's number-one real estate team.
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17.
Additionally, Compass Inc announced aggressive expansion plans to 9 more cities.
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18.
Less than a year later in September 2018, Compass Inc announced a $400 million in Series F funding at a valuation of $4.
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19.
Compass Inc announced plans to use these funds to enter international markets and double down on creating world-leading technology.
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22.
Compass Inc formally settled with Avi Dorfman in November 2021, ending an 8-year dispute acknowledging him as a member of the founding team.
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23.
Compass Inc Collections is a curated visual workspace that allows agents and clients to collaborate in real-time to organize homes, centralize their discussions, and monitor the market by receiving immediate status and price updates.
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24.
Compass Inc Insights is a dashboard that contains key data points agents need to craft marketing strategies, uncover new lead-generation opportunities, and invest accordingly in the positioning of their listings.
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25.
Compass Inc Markets is a mobile app that has real-time residential real estate data that provides access to recent transaction data as well as historic sales trends.
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26.
Compass Inc CRM is a customer relationship management platform powered by artificial intelligence.
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