Entera, the technology platform that enables investors to access, make data-driven decisions and purchase residential real estate, has raised $7.5 million in funding. The round was led by Bullpen Capital and Craft Ventures, with participation from ValueStream Ventures and Chris Heller, former CEO of Keller Williams and the chief real estate officer of OJO Labs.
“Real estate markets have long since moved online, but prior to Entera, there was no unified platform designed for professional real estate buyers and funds, a large and growing segment, to find, price or transact,” said Eric Wiesen, general partner at Bullpen Capital. “As more professional capital moves into residential real estate, companies like Entera who provide leading technology and tools and a highly experienced team will play a critical role.”
Entera offers access to on- and off-market properties at scale, machine learning discovery, decision tools, and local tech-enabled transaction services. Entera says that real estate investors can access 20% more properties, make confident decisions, and win twice as many properties more two and a half times faster than when using traditional investing methods. Thus far, it has served more $12 billion of single-family transactions. The company will use the capital to expand the reach of its technology platform, and add staff.