Skip to content
  • Home
  • World News
  • Business
  • Aviation
195 news

195News

All the news that's fit to print

  • Home
  • World News
  • Business
  • Aviation
  • Toggle search form
  • CyberUp Receives National Programs Standards Approval for Cybersecurity Apprenticeship Program
    CyberUp Receives National Programs Standards Approval for Cybersecurity Apprenticeship Program Business
  • USPA Pledges 50% of Black Friday Security Guard Service Profits to Rescue Missing Teen Girls
    USPA Pledges 50% of Black Friday Security Guard Service Profits to Rescue Missing Teen Girls World News
  • Artmattan Films Acquires North American Rights to POWER ALLEY / LEVANTE
    Artmattan Films Acquires North American Rights to POWER ALLEY / LEVANTE World News
  • Secretary Antony J. Blinken Opening Remarks Before the House Committee on Foreign Affairs On the FY24 Department of State Budget Request
    Secretary Antony J. Blinken Opening Remarks Before the House Committee on Foreign Affairs On the FY24 Department of State Budget Request World News
  • Peace and Cooperation Unites Global Leaders to Champion Moral Leadership and Peacebuilding
    Peace and Cooperation Unites Global Leaders to Champion Moral Leadership and Peacebuilding Business
  • Equify Financial, LLC Extends Its Team to Two New Regions for the Small-Ticket Dealer and Vendor Program
    Equify Financial, LLC Extends Its Team to Two New Regions for the Small-Ticket Dealer and Vendor Program Business
  • DHS Center for Countering Human Trafficking Releases FY 2022 Annual Report
    DHS Center for Countering Human Trafficking Releases FY 2022 Annual Report World News
  • CORRECTION: Wheels Up Founding Chief Growth Officer and Global Brand Ambassador, Stephanie Chung, Joins Washington Speakers Bureau’s Exclusive Speakers Roster: Available for Bookings
    CORRECTION: Wheels Up Founding Chief Growth Officer and Global Brand Ambassador, Stephanie Chung, Joins Washington Speakers Bureau’s Exclusive Speakers Roster: Available for Bookings Business
Purlin Raises Seed Preferred Equity Round to Support Growth of Business

Purlin Raises Seed Preferred Equity Round to Support Growth of Business

Posted on November 11, 2022 By NewsEditor
Purlin Raises Seed Preferred Equity Round to Support Growth of BusinessPurlin Raises Seed Preferred Equity Round to Support Growth of Business
Purlin Raises Seed Preferred Equity Round to Support Growth of Business
Purlin logo

black square with \"purlin\" in white letters

LOS ANGELES - November 11, 2022 - (Newswire.com)

Purlin Co. (www.purlin.com) announced today raising an equity round with key financial and strategic investors, including SUM Ventures, New Valley Ventures, an investment vehicle managed by Douglas Elliman (NYSE: DOUG), Redwood Trust Inc. (NYSE: RWT), through its strategic venture investment platform, RWT Horizons, Mission Gate, and Fredrik Eklund and Julia Spillman-Gover, of The Eklund | Gomes Team at Douglas Elliman Real Estate.

"Successfully raising funds in today's market is a proud moment for Purlin and its investors," said Giorgi Chigogidze, Purlin CEO. He continued, "This signals the continued, increasing demand for Purlin's products, and validates our unique approach to providing AI-powered applications to major real estate brokerages and agent networks."

Proceeds will be used to grow Purlin's business, support the success of its existing clients, and expand the geographic footprint of its AI products.  Purlin's client- and agent-facing technology is currently powering systems used by Douglas Elliman's 6,600 agents and 46,000 annual clients across the world. 

…….

ABOUT PURLIN CO.

Purlin Co. designs, creates, and provides advanced AI-powered technology products for the real estate market. Major brokerages, agencies, lenders, and other companies involved in real estate transactions can use Purlin's products or platform to expand their businesses and create superior client experiences.  To learn more, please visit www.purlin.com.

ABOUT DOUGLAS ELLIMAN INC.

Douglas Elliman Inc. (NYSE: DOUG, "Douglas Elliman") owns Douglas Elliman Realty, LLC, which is one of the largest residential brokerage companies in the United States with operations in New York City, Long Island, Westchester, Connecticut, New Jersey, the Hamptons, Massachusetts, Florida, California, Colorado, Texas and Nevada. In addition, Douglas Elliman sources, uses and invests in early-stage, disruptive property technology ("PropTech") solutions and companies and provides other real estate services, including development marketing, property management and settlement and escrow services in select markets. Additional information concerning Douglas Elliman is available on its website, www.elliman.com. 

Investors and others should note that we may post information about Douglas Elliman on our website at www.elliman.com or, if applicable, on our accounts on Facebook, Instagram, LinkedIn, TikTok, Twitter, YouTube or other social media platforms. It is possible that the postings or releases could include information deemed to be material information. Therefore, we encourage investors, the media and others interested in Douglas Elliman to review the information we post on our website at www.elliman.com and on our social media accounts. 

ABOUT SUM VENTURES

SUM Ventures  is a veteran-founded seed-stage venture capital firm based in Los Angeles and Chicago. Garrett Gilbertson and Mike Van Kempen founded the firm on the principle that all founders deserve access to mentorship and resources at the earliest stages of their ventures. The SUM servant leadership approach to supporting founders  has led to greater access to high-quality startup opportunities, a deeper understanding of portfolio founders, and superior investment returns. To learn more visit www.sum.vc.

ABOUT RWT HORIZONS
RWT Horizons is the strategic venture investment platform of Redwood Trust, Inc. (NYSE: RWT) focused on early and mid-stage companies driving innovation in financial and real estate technology, digital infrastructure, and other related areas of focus. Investments made through RWT Horizons are designed to support companies whose technologies are accretive to Redwood's broader operations, including its residential and business-purpose lending platforms. For more information about RWT Horizons, visit our website at www.rwthorizons.com

ABOUT MISSION GATE

Mission Gate is a global venture capital firm that seeks to create a positive economic impact by investing in great entrepreneurs who disrupt industries and provide solutions to everyday problems. The fund focuses on rapidly growing, emerging industries and innovative, industry-disruptive ideas. Strong expertise in target sectors, global footprint, and relationships allow the Mission Gate team to help portfolio companies realize their full potential. For more information about Mission Gate, visit https://missiongate.com.

ABOUT FREDRIK EKLUND AND JULIA SPILLMAN-GOVER

With record-breaking sales and socks as colorful as his personality, Fredrik Eklund has become an icon in real estate and on Bravo's "Million Dollar Listing" series, appearing as the only cast member to star in both the New York and Los Angeles versions. Co-founder of The Eklund | Gomes Team, co-founded by John Gomes, the dynamic duo has secured over $20 billion in closed sales over the last decade and have become a staple of New York, California, Texas, and Florida real estate. Dubbed "The Mastermind" by The Real Deal, Julia Spillman is CEO of The Eklund | Gomes Team. The Kentucky native is the architect of The Eklund | Gomes Team's unprecedented nationwide expansion and in addition oversees all operations, sales, and agent hires. Consistently ranked on industry hot lists, including The Hollywood Reporter Power Brokers and Variety's Real Estate Elite, Eklund | Gomes continues to sit on the top, bringing in $4.5 billion in transactions in 2021 alone. In 2022, they notched the priciest sale of the year for New York at 432 Park Ave., for $70.5 million, and are taking their momentum to Nevada where they expanded this summer.


Contact Information:
Chris Steege
CMO
[email protected]
5628824592


Press Release Service by Newswire.com

Original Source: Purlin Raises Seed Preferred Equity Round to Support Growth of Business
Business

Post navigation

Previous Post: Claros Technologies, Kureha Partner to Power Clean Technologies by Capturing Valuable Metals in Oil- and Gas-Produced Water
Next Post: ZeroFlucs Adds Former Don Best Sports Managing Director Benjie Cherniak as Strategic Advisor

Related Posts

  • Pixieset Ranked #7 on 2022 Best Workplaces™ in Canada by Great Place to Work® Institute
    Pixieset Ranked #7 on 2022 Best Workplaces™ in Canada by Great Place to Work® Institute Business
  • Signals Announces an Integration With Google Ads to Optimize Marketing Performance
    Signals Announces an Integration With Google Ads to Optimize Marketing Performance Business
  • Cervical Dystonia Market is Projected to Grow at a CAGR of 5.84% from 2023-2033
    Cervical Dystonia Market is Projected to Grow at a CAGR of 5.84% from 2023-2033 Business
  • VoltServer Awarded the 2022 North American Intelligent Power Distribution Technology Innovation Leadership Award by Frost & Sullivan
    VoltServer Awarded the 2022 North American Intelligent Power Distribution Technology Innovation Leadership Award by Frost & Sullivan Business
  • The Mortgage Calculator Offers Lucrative Opportunity For Anyone Interest in Joining The Mortgage Business
    The Mortgage Calculator Offers Lucrative Opportunity For Anyone Interest in Joining The Mortgage Business Business
  • Community Hospital Partners with mTuitive for Synoptic Reporting and Pilots Oncology Data Engine
    Community Hospital Partners with mTuitive for Synoptic Reporting and Pilots Oncology Data Engine Business
October 2025
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031  
« Sep    
last celebrity gossip
Gossip Stone - celebrity life and gossip

Recent Posts

  • The Global Games Show 2025, hosted by VAP Group with Abu Dhabi Convention & Exhibition Bureau, Returns for 3rd EditionOctober 9, 2025
  • Antibody Production Market Outlook 2025–2035October 9, 2025
  • Franchise Development Service Market to Reach USD $10.94 Billion by 2029 at 9.4% CAGROctober 9, 2025
  • Financial Outsourcing Services Market to Reach $74.72 Billion by 2029 with 8.3% CAGROctober 8, 2025
  • Fairhope Aerospace Earns SBA Veteran-Owned Small Business CertificationOctober 8, 2025
Brand Values Content
VUGA Enterprises - media network PR & Marketing
  • William Brian Hoke Uncovers the Hidden Realities of Small Town Struggles in His Latest Fictional Masterpiece
    William Brian Hoke Uncovers the Hidden Realities of Small Town Struggles in His Latest Fictional Masterpiece World News
  • The Aluminum Die Casting Market Size
    The Aluminum Die Casting Market Size World News
  • Tidal Wave Auto Spa Raises 0,000 on 14th Annual Charity Day
    Tidal Wave Auto Spa Raises $350,000 on 14th Annual Charity Day Business
  • War Day 596: Will Iran Start a War?
    War Day 596: Will Iran Start a War? World News
  • Day 430: war diaries w/Former Advisor to Ukraine President, Intel Officer  @arestovych  & #Feygin
    Day 430: war diaries w/Former Advisor to Ukraine President, Intel Officer @arestovych & #Feygin World News
  • Smart Agriculture Market Size, Share And Growth Analysis For 2024-2033
    Smart Agriculture Market Size, Share And Growth Analysis For 2024-2033 Business
  • Theory Wellness Announces Brattleboro Recreational Dispensary Opening on Friday, Dec. 30
    Theory Wellness Announces Brattleboro Recreational Dispensary Opening on Friday, Dec. 30 Business
  • Proactive MD Announces Expansion into North Dakota and Utah
    Proactive MD Announces Expansion into North Dakota and Utah Business
aerospace company
stem cell clinic in kiev
medical spa in miami
Fashion TV free

Copyright © 2023 195 News. All Rights Reserved by Coolaser | Partner of VUGA Enterprises |  Advertising: Get Published

Powered by .