Real Estate

Avenue 8 Closes $14 Million Series A to Modernize the Real Estate Brokerage Industry | Business

SAN FRANCISCO–(BUSINESS WIRE)–May 3, 2021–

Avenue 8, the only mobile-first residential real estate brokerage, today announced $14 million in Series A funding co-led by Threshold Ventures and Craft Ventures. The new funding will fuel Avenue 8’s growth as it continues to serve the needs of more agents and expand into major markets. Built expressly to make all agents more effective and allow them to keep more of their income, Avenue 8 has seen unprecedented organic growth and demand since its roll out in San Francisco and the greater Southern California market last year. Craft Ventures general partner Jeff Fluhr will join the company’s Board of Directors.

As entrepreneurial agents and teams seek out more digital fire power and know-how from their…

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