Showdigs, a Seattle real estate technology startup, has raised $7.4 million in new funding.
Founded in 2018, the company makes it easier for property managers to schedule and show rental homes and apartments by connecting those managers with a network of licensed real estate agents through an Uber-like marketplace model.
Showdigs currently works with more than 1,200 agents and more than 80 property managers in the markets where it is active. The startup plans to use the new cash to expand its team and launch the agent network across the U.S.
Showdigs currently employs 16 and is hiring for six open roles. It reported 2.5x revenue growth in 2021.
The company raised $3 million in a seed round in April 2019 and has raised $10 million to date. The new secondary seed round was led by MetaPop, with participation from other leading names including Vesta Ventures, Trilogy, Fortson VC and Tacoma Venture Group.
“After a decade of first-hand experience working in the property management arena, I’d found myself continually frustrated with the multitude of crucial gaps throughout the process of listing to leasing a property,” founder and CEO Kobi Bensimon said in a news release Tuesday. “Since 2018, we have been dedicated to building the tech that modernizes the entire rental turnover process. This includes on-demand tour scheduling, our smartphone app, and of course our main differentiator: a network of Showdigs agents.”