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Venture Capital News: Luxury Presence Receives $19.2M Series B-1

2023-08-03
LOS ANGELES, CA, Luxury Presence has raised $19.2 million in a Series B-1 funding round.
Luxury Presence, a leading proptech startup that provides growth marketing solutions to over 9,000 agents, teams, and brokerages, today unveiled Presence Copilot™, a mobile platform that delivers an AI-powered mobile assistant, smart client collaboration features, and an agent-branded consumer app. Presence Copilot was developed to help real estate professionals work more efficiently, close deals faster and deliver exceptional client experiences.

To accelerate product development, Luxury Presence has raised $19.2M in Series B-1 funding from Bessemer Venture Partners with participation from Switch Ventures and other existing investors.

Luxury Presence is a Los Angeles proptech startup that provides growth marketing solutions to over 9,000 agents, teams, and brokerages-including more than 20 of the top 100 WSJ real estate agents. The company's award-winning real estate websites, expert marketing solutions, and AI-powered mobile platform help agents attract more business, work more efficiently, and impress their clients.
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