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factory
Reali
corporate_fare
Real Estate
where_to_vote
SF Bay Area
paid
Funding Stage - Series B
person
Layoff Count - 140

Posted on August 24, 2022

Real estate platform Reali shutting down operations

Real estate platform Reali shutting down operations

Israeli-founded real estate platform Reali has announced that it is ceasing its operations as of September 9. The company employs around 140 people, including eight in Israel, and they will all be laid off.
Reali raised a $100 million Series B led by Zeev Ventures with participation from Akkadian Ventures, Signia Ventures, and others, just one year ago. The real estate and fintech company also announced at that time that it is raising another $75 million in equity and $25 million in venture debt.