SoloPro

SoloPro Logo

SoloPro, Inc. was a venture backed startup company based out of Durham, North Carolina. Incorporated in 2015, SoloPro is a real estate market network, aimed at helping consumers and agents alike. SoloPro works on a no-commission model, using technology to unbundle real estate transactions and allowing consumers to purchase the services they want on-demand and for a fixed price.

CNN named SoloPro as one of 5 startups "changing the real estate game"[1] in 2015.

SoloPro had over 1,400 agents in 46 states and is now called GoldenKey.[2]

History

SoloPro was created by Tommy Sowers, Shayne Sowers and Narayan Krishnan. The SoloPro founding team acts as the key managerial staff for the company: Shayne Sowers, President and Co-Founder; Narayan Krishnan, Chief Technical Officer and Co-Founder; and Tommy Sowers, Chief Executive Officer and Co-Founder.[3]

The company is headquartered in downtown Durham, North Carolina in the American Underground building.[4]

Investors

In June 2015, SoloPro closed its first, oversubscribed seed round of $1M led by Oxpoint Investments and Buchanan Ventures, and included investments from Blue {Seed} Capital, Arnold Capital and a number of angel investors.[5]

SoloPro received a strategic investment from Lowe's Home Improvement's venture arm in 2015.[6]

References

  1. ↑ Vasel, Kathryn. "Buy (or sell) your home ... without a real estate agent". CNNMoney. Retrieved 2016-04-09.
  2. ↑ Inc., SoloPro. "SoloPro Inc.: Customer Resources - FAQs". www.solopro.com. Retrieved 2016-04-18.
  3. ↑ Inc., SoloPro. "SoloPro Inc.: About Us". www.solopro.com. Retrieved 2016-04-15.
  4. ↑ Inc., SoloPro. "SoloPro Inc.: Buy or Sell a Home. No Commissions". www.solopro.com. Retrieved 2016-04-18.
  5. ↑ "SoloPro Closes $1.6M Round to Reinvent Home-Buying, Expand Beyond NC". ExitEvent. Retrieved 2016-04-18.
  6. ↑ Lardinois, Frederic. "Lowe's Invests In SoloPro, A Service That Unbundles Real Estate Agent Services". TechCrunch. Retrieved 2016-04-09.
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