Clever Real Estate, the St. Louis-headquartered real estate technology company, announced it raised an additional $2 million in funding from the venture capital firm Cultivation Capital and EssentVentures LLC, a subsidiary of Essent Group Ltd. (NYSE: ESNT).
The financing round, which also included real estate tech strategist Mike DelPrete, continued company’s previous influx of $11 million in equity capital.
“Clever has built the No. 1 online education platform in real estate,” Clever’s Co-Founder and CEO Luke Babich said. “In Clever’s next chapter, we’re using that platform as a springboard to launch new solutions for both consumers and real estate professionals. We couldn’t be more excited to welcome these new partners to the table, who bring additional capital and expertise to help Clever achieve our mission.”
“Clever has been a company that always exceeds expectations,” added Clifford Holekamp, co-founder and managing director of Cultivation Capital. “We are pleased to have the opportunity to support them again in this funding round.”
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