Orange-based ListReports recently received an additional $550,000 to support its continued development of technology that makes the home buying and selling process a delightful experience.
The new funding is the seventh tranche of financing Lighter Capital has provided the tech startup, dating back to 2016, with a total of $2.042 million in funding to date.
Since the first Lighter Capital investment, ListReports has grown at an unprecedented rate, increasing its revenue by 1,100 percent.
"Lighter Capital has been more than just a lender to us, they've been a loyal partner,” said Randy Shiozaki, Co-founder of ListReports. "From our first tranche of $50,000 in 2016 to a total of over $2 million today, Lighter Capital has helped us grow by 11x - without diluting our ownership."
“With this most recent round of financing, we’ve now provided ListReports with more tranches than any other Lighter Capital client,” said BJ Lackland, CEO of Lighter Capital. “Since day one, ListReports has been on an upward trajectory, showing continuous growth, while building out a sustainable business model. We’ll happily provide them with the financing they need to become a dominant force in the real estate technology market.”
More details about the financing are here.
To learn more about ListReports, visit www.listreports.com.
Thanks to our friends at ListReports for sharing this news and their logo.