About SoMo Transactions
SoMo Transactions is a Real Estate & Construction company based in Flagler Beach (United States) founded in 2019, and was acquired by Transactly in April 2021. Transaction management platform is provided for real estate professionals. The company was acqui-hired. Its focus areas include Real Estate and Construction Tech, Real Estate IT, Transaction Management and Tech Enabled Services. Its competitors include Ten-X, Dotloop and Transactly; 3 of its 3 listed competitors have raised funding.
Company details
Founded in 2019 and based in Flagler Beach, United States, SoMo Transactions operates as a provider of a transaction management platform within the real estate sector. The platform is utilized by agents, brokers, offices, and teams to handle transaction organization, time management, and business expansion through integrated sales features. Services focus on streamlining workflows for real estate operations across the United States.
- Headquarters Flagler Beach, United States
- Stage Acquired
- SectorsReal Estate & Construction
- Website somotransactions.com
- Social LinkedIn X
- Acquired by Transactly (Apr 2021)
- Investors
- Acquired byTransactly
(Apr 2021)
Investors in SoMo Transactions
SoMo Transactions has secured backing from 1 investor. Prominent investors backing the company include Transactly.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Transaction management software is offered for real estate processes. | 2017 | transactly.com | St. Charles, United States |
Investor details for SoMo Transactions
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People of SoMo Transactions
1 people are tracked at SoMo Transactions (1 in leadership).
| Name | Role | Group |
|---|---|---|
Jeannie Johnston | Owner | Leadership |
Complete people profiles for SoMo Transactions
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Timeline of SoMo Transactions
2 dated milestones of SoMo Transactions across 2 years, from founding to its latest funding, stage changes and deals.
- Founded SoMo Transactions is founded.
- Exit Acquired by Transactly.
Competitors of SoMo Transactions
SoMo Transactions has 3 listed competitors in our database, 3 of them funded. They include Ten-X, Dotloop and Transactly.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ten-x.com | 2007 | Irvine, United States | $50M | 1,350 | Commercial properties are discovered and traded via online platforms. | |
| dotloop.com | 2009 | Cincinnati, United States | $7.15M | 80 | SaaS-driven transaction management software for real estate professionals | |
| transactly.com | 2017 | St. Charles, United States | $7M | Transaction management software is offered for real estate processes. |
Detailed competitors of SoMo Transactions
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Top companies in Real Estate Technology Platforms
3 companies that operate in the same segment as SoMo Transactions (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 SoMo Transactions
SoMo Transactions was founded in 2019.
SoMo Transactions is headquartered in Flagler Beach, United States. It is registered at Flagler Beach, Florida, United States.
Founded in 2019 and based in Flagler Beach, United States, SoMo Transactions operates as a provider of a transaction management platform within the real estate sector. The platform is utilized by agents, brokers, offices, and teams to handle transaction organization, time management, and business expansion through integrated sales features. Services focus on streamlining workflows for real estate operations across the United States.
SoMo Transactions's top competitors include Ten-X, Dotloop and Transactly.
SoMo Transactions has 1 investor. Key investors include Transactly.
Yes. SoMo Transactions was acquired by Transactly in April 2021.