Place Revenue, Valuation, Funding & Investors

Place is valued at $1B as of November 2021, a 6.7x multiple on its last reported $150M revenue.

See full Place profile

Last Place valuation

$1B

Series A · Nov 2021

Last Place funding round

$100M

Series A · Nov 2021

Place revenue

$150M

Series A · Nov 2021

Key investors in Place

  • Goldman Sachs Asset Management
  • 3L Capital

Place Overview

About Place

Place is a Dallas-headquartered real estate technology platform equipping top agents with CRM, transaction management, and marketing automation tools. Serving over 20,000 users nationwide, the software streamlines listings, client communications, and paperwork to reduce administrative tasks for brokerages like Compass and eXp Realty.


Founded

2019

HQ

United StatesSeattle, WA

Website

place.com

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Revenue

$150M (Nov 2021)

Valuation

$1B (Nov 2021)

Place Valuation

Place is currently valued at $1B, based on its Series A in November 2021.

The $100M round was led by Goldman Sachs Asset Management, with participation from 3L Capital.

Place valuation by funding round

Place valuation by funding round
DateStageValuationRevenue Multiple
Nov 2021Series A$1B6.7x

Place Revenue

Place's latest recorded revenue is $150M, as of its Series A in November 2021. At a $1B valuation, that implies a 6.7x revenue multiple.

Place revenue by funding round

Place revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
Nov 2021$150M$1B6.7xSeries A

* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.

Place Funding History

Place has raised a total of $100M across 1 funding round.

Place funding rounds

Place funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Nov 2021Series AGoldman Sachs Asset Management (lead); 3L Capital$100M$1BPlace is a proptech platform that provides real estate agents with full-stack software and operational support services. The company developed Brivity, a standalone software product designed for top agent teams, and expanded into a broader business offering that abstracts complexity for agents across any brokerage affiliation without requiring them to leave their current broker. Place had built this business profitably before raising external capital, achieving $85 million in top-line revenue and $11 million in profit during 2020. In November 2021, Place raised $100 million in its first external funding round, a Series A led by Goldman Sachs Asset Management's growth equity division with participation from 3L Capital, at a post-money valuation exceeding $1 billion. The company expected to exceed $150 million in top-line revenue in 2021. At the time of the funding, Place operated across 100 markets in the U.S. and Canada with 300 employees and planned to expand headcount to 700 to 1,000 in 2022, with capital allocated toward product expansion, technology investment, market expansion, and hiring to scale operations both geographically and within existing markets.

Who has invested in Place?

2 investors have backed Place across its funding rounds, including Goldman Sachs Asset Management and 3L Capital.

Lead investors include Goldman Sachs Asset Management.


Place Investors

Investors in Place by funding rounds participated
InvestorHQRoundsRoleFirst check

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Acquisitions by Place

Place has acquired 2 companies to date.

Last acquisition by Place was on April 17th 2025. Place acquired Remine for $2M.


Latest Acquisitions by Place

Remine
Livian
Description
Remine is a real estate technology platform headquartered in Vienna, Virginia, offering MLS data access in 40 U.S. markets to more than 825,000 agents via big data and machine learning tools. It automates property searches, lead generation, and market analytics, providing consumer-facing apps for homebuyers. Acquired by Constellation1 in 2021, Remine processes billions of data points daily from public records and MLS feeds, supporting brokerages like Keller Williams and Compass with predictive insights.
Livian is a Salt Lake City-headquartered real estate platform that supplies brokerages with CRM software, lead generation tools, marketing automation, and back-office services including accounting and HR for agents nationwide. Supporting over 20,000 agents, it facilitates transactions worth billions through its end-to-end ecosystem. Launched in 2021 from eXp Realty, Livian operates in 50 U.S. states with training academies in Utah and Texas.
HQ CountryUnited StatesUnited States
HQ City
-
-
Deal Date17 Apr 202519 Sep 2024
Valuation$2Mundisclosed
EV/Revenue
EV/EBITDA

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Place Competitors

Place competitors include listed companies like Altus Group and PEXA Group, and private ones like Kujiale, Rentberry, Square Yards and Guesty.

Public and private companies comparable to Place
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
KujialeChinaHangzhouPrivate$41M-$1B24.4x
RentberryUnited StatesSan Francisco, CAPrivate--$1B-
Square YardsIndiaGurgaonPrivate$223M$19M$1B4.5x
Altus GroupCanadaCanadaPublicly listed$360M$31M$1.1B3.7x
GuestyUnited StatesLos Angeles, CAPrivate$100M-$900M9.0x
PEXA GroupAustraliaAustraliaPublicly listed$285M$100M$861M3.4x

Place Public Comps

Place is still privately-owned, but its public comps include Vitec Software, Altus Group, PEXA Group, EverCommerce, Real Brokerage, Eleco, Ming Yuan Cloud Group, SmartRent, Real Matters and Porch Group.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Vitec Software$371M$151M3.7x3.5x9.1x9.0x
Altus Group$360M$31M3.5x3.7x40.5x14.2x
PEXA Group$285M$100M3.4x3.4x9.8x9.3x
EverCommerce$589M$128M3.0x2.9x13.7x9.5x
Real Brokerage$2B($6M)0.3x0.2x(87.2x)6.6x
Eleco$52M$9M4.6x4.5x25.8x16.8x
Ming Yuan Cloud Group$191M($7M)----
SmartRent$152M($56M)0.9x0.9x(2.4x)(54.1x)

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Common questions about Place

When was Place founded?Place was founded in 2019.
Where is Place headquartered?Place is headquartered in Seattle, WA, United States.
Is Place publicly listed?No, Place is a private, VC-backed company.
What is Place's valuation?Place was last valued at $1B in its Series A in November 2021.
How much funding has Place raised?Place has raised $100M across 1 funding round.
What was Place's last funding round?Place's last funding round was a $100M Series A in November 2021, led by Goldman Sachs Asset Management.
Who are Place's investors?Place's investors include 3L Capital and Goldman Sachs Asset Management.
What is Place's revenue?Place's latest recorded revenue is $150M (November 2021).
What is Place's revenue multiple?Place's latest valuation implies a 6.7x revenue multiple ($1B valuation on $150M of revenue).
Which companies are comparable to Place?Companies comparable to Place include Kujiale, Rentberry, Square Yards, Altus Group, Guesty and PEXA Group.
How many companies has Place acquired?Place has acquired 2 companies, including Remine and Livian.
What was the largest acquisition by Place?The $2M acquisition of Remine in April 2025 is the largest acquisition Place has made to date.

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