SoftBank Vision Fund has provided $450m for the real estate platform at a $2.2bn valuation, weeks after its $100m series E round.
Vision Fund, the multibillion-dollar investment fund formed by telecommunications and internet group SoftBank agreed yesterday to invest $450m in US-based online real estate transaction platform Compass.
Founded in 2012, Compass runs a luxury real estate brokerage that spans 30 US cities, and which operates using proprietary technology intended to simplify the property buying and selling process. It has increased the number of its agents by 500% in the past two years.
The funding, which follows the company’s entry into the…
