Compass locates $100m in series E

Nov 9, 2017 • Thierry Heles

Advance Publications-backed real estate platform Compass added Fidelity Investments to its shareholders in a $100m round that took its total funding to $325m.

Compass, a US-based online real estate portal backed by media group Advance Publications, received $100m in series E funding from investors including financial services group Fidelity Investments yesterday.

The round also featured venture capital firm Institutional Venture Partners (IVP) and investment firm Wellington Management, as well as other, unnamed investors. The deal values the company at $1.8bn, according to TechCrunch,

Compass operates an online platform that enables users to purchase, sell and rent up-market property, matching them with agents who…

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