BOSTON, May 20, 2021 / PRNewswire-PRWeb / – Torii, a next generation real estate agent with an app that allows users to search for homes through a tinder-like interface (swipe right to match your perfect home), are excited to announce a successful Announce starting value round of venture finance from a number of well-known VCs.
Born out of the frustration of Torii’s CEO James Rogers’ Having experienced an ineffective and archaic system, he formed Torii to reconsider and shut down the entire way people buy houses from top to bottom. With Torii, home buyers have access to helpful tools in the Torii app, work with a dedicated agent and team behind them, get reimbursed for closing costs (around $ 7,500 average!), And then receive a personalized move-in survival Kit (with) toiletries and cleaning supplies, as well as other fun and essential items that are probably still packed away to make your move easier!
The company just completed one $ 3.2 million Seed Round and are excited to announce some notable investments, including $ 1 million from the Lookout founder Kevin Mahaffeys SNR.VC, $ 1 million from the well-known Crypto Hedge Fund founder Dan Matuszewski CMS Holdings, $ 1 million from a well-known investor Jason Calacanis’ LAUNCH and around $ 200,000 from smaller accredited investors.
This is in addition to being a successful one $ 1.4 million Pre-seed round in 2019, in which an investment of $ 1.1 million from Calacanis’ LAUNCH Accelerator and $ 310,000 from actual friends and family of the founders.
The website launched in 2018 and is initially offering sales at their headquarters. Boston, but have since added to the Bay Area California, and they just started in the The angel Area last month.
Even with residential properties in an extreme sellers’ market, Torii’s licensed real estate team continues to earn 5-star ratings for their flexibility, responsiveness, knowledge of the real estate market, and their ability to advise clients on how to place wins and closings. Torii’s intuitive platform allows users to search for a property, schedule demonstrations, make a bid and chat live with their team from their phones.
In addition to a wonderful user interface and dedicated, talented staff, Torii’s business model pays brokers a salary plus commission (instead of the typical property-only structure) and uses the buyer’s brokerage commission to pay the buyer’s closing costs, saving customers an average of $ 7,500 per transaction.
Torii CEO James Rogers “We look forward to using this investment to further grow our incredible team in our current markets and add new cities over the course of 2021. We will also continue to develop our machine learning-based search that” learns “what everyone does shoppers search as they rummage through homes, much like dating app interfaces – what type of home they like, what amenities are really important to them, and more so that shoppers can find the right home faster while we do the friction further reduce real estate transactions while creating a seamless experience for buyers. “
About Torii:
Torii has streamlined the home buying process by combining the possibilities of automation and machine learning with the personal touch of person-to-person customer service. Our licensed real estate team continuously receives 5-star ratings for their flexibility, responsiveness and knowledge of the real estate market. Our intuitive platform allows users to search for a property, schedule demonstrations, submit a quote, chat live with our team, and track the progress of a quote from their phones. Why buy a house differently? This is the new standard for real estate.
Torii is fully licensed and operates in Massachusetts and California, specializing in homes for sale in Greater Boston area, the San Francisco Bay Area, and The angel.
Media contact
Susan von Seggern, Torii, +1 2138400077, susan@susanvonseggern.com
SOURCE Torii
