About First
First is a Real Estate & Construction company based in Raleigh (United States) founded in 2014, and was acquired by RE/MAX in December 2019. AI SaaS-driven predictive analytics for real estate. First has raised $8.79 million across 6 funding rounds from investors including RE/MAX, MATH Venture Partners and Thaddeus Wong. First offers products and services including Property Search Platform and Agent Network Service. Its focus areas include Real Estate and Construction Tech, Real Estate IT, Market Intelligence and Residential. Its legal entity is RE/MAX, LLC. Its competitors include PropStream, Zonda and Weiss Analytics; 1 of its 3 listed competitors has raised funding.
Company details
Founded in 2014 in Raleigh, United States, the company operates in the real estate technology sector. AI and SaaS platforms are employed to deliver predictive analytics. An intelligence engine is provided for residential real estate, leveraging big data and machine learning infrastructure. Targeted groups of individuals undergoing life transitions are identified, as these events may prompt home sales or purchases.
Products & Services of First
First offers a comprehensive portfolio of products and services, including Property Search Platform and Agent Network Service.
Online tool for searching and listing properties for sale or rent
Platform connecting real estate agents for global transactions
Funding Insights of First
First has successfully raised a total of $8.79M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $5.03 million completed in May 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $8.79M
- Total Rounds 6
- Last Round Series A — $5.03M
- First Round $500,000
(Apr 2015)
- Investors Count 6
All 6 funding rounds of First with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2018 | $5.03M | Series A | – | MATH Venture Partners, Thaddeus Wong | – |
| Nov 2017 | $750,000 | Debt – Conventional | – | – | – |
| Feb 2017 | $2.5M | Seed | – | – | – |
| May 2015 | $757,034 | Seed | – | IDEA Fund Partners, Sovereign's Capital | – |
| May 2015 | Seed | – | – | ||
| Apr 2015 | $500,000 | Seed | – | – | – |
7 investors in total: 5 institutional and 2 angel.
Investors in First
First has secured backing from 7 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include RE/MAX, MATH Venture Partners and Thaddeus Wong.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage tech startups are invested in across US and Canada. | mathventurepartners.com | Chicago, United States | ||
| ninefour.vc | ||||
Tech & Life Sciences focused VC firm investing in early & seed stage startups in the US | ideafundpartners.com | Durham, United States | ||
Private equity investments in faith-driven public companies are managed. | sovereignscapital.com | Raleigh, United States | ||
Global brokerage services are facilitated through a franchised agent network. | 1973 | remax.com | Denver, United States | |
TW Thaddeus Wong | unknown_239b175bf16d486ea | |||
MG Mike Golden | Angel investor focusing on Indian startups, limited public data available. | unknown_4814bf60898f4b3b8 |
Investor details for First
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People of First
1 people are tracked at First (1 in leadership).
| Name | Role | Group |
|---|---|---|
Chris Rake | Chief Executive Officer | Leadership |
Complete people profiles for First
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Timeline of First
4 dated milestones of First across 5 years, from founding to its latest funding, stage changes and deals.
- Founded First is founded.
- Funding First funding round of $500K.
- Funding Latest funding round, Series A, of $5.0M.
- Exit Acquired by RE/MAX.
Competitors of First
First has 3 listed competitors in our database, 1 of them funded. They include PropStream, Zonda and Weiss Analytics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| propstream.com | 2007 | Lake Forest, United States | Residential real estate data is analyzed via on-premise solutions. | |||
| zondahome.com | 2020 | Costa Mesa, United States | 8 | SaaS-driven real-time residential data and analyses for real estate agents and developers | ||
| weissanalytics.com | 2013 | Natick, United States | $3.73M | Residential pricing indices are estimated via data analytics and algorithms. |
Detailed competitors of First
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Top companies in Real Estate Technology Platforms
3 companies that operate in the same segment as First (Real Estate Technology Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Residential properties are listed and searched through an app-based platform. | 2005 | Seattle, Washington, United States | USD 87 M | |||
Residential properties are resold via an app-based platform. | 2014 | San Francisco, California, United States | USD 1.35 B | USD 2.71 M | 1,426 | |
Residential real estate search engine | 2005 | San Francisco, California, United States | USD 32.8 M |
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Frequently Asked Questions about First
First was founded in 2014 and raised its 1st funding round 1 year after it was founded.
First is headquartered in Raleigh, United States. It is registered at Raleigh, North Carolina, United States.
First is a funded company, having raised a total of $8.79M across 6 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Apr 2015.
Founded in 2014 in Raleigh, United States, the company operates in the real estate technology sector. AI and SaaS platforms are employed to deliver predictive analytics. An intelligence engine is provided for residential real estate, leveraging big data and machine learning infrastructure. Targeted groups of individuals undergoing life transitions are identified, as these events may prompt home sales or purchases.
First's top competitors include PropStream, Weiss Analytics and Zonda.
First offers Property Search Platform and Agent Network Service.
First has 7 investors. Key investors include RE/MAX, MATH Venture Partners, Thaddeus Wong, Nine Four Ventures, and Mike Golden.
First operates through Re/Max, Llc.
Yes. First was acquired by RE/MAX in December 2019.