Rechat
A robust CRM and automated marketing suite that helps Realtors build relationships, drive sales and manage the day-to-day effortlessly.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor investor | €0.0 | round | |
| investor investor | €0.0 | round | |
$1.0m | Early VC | ||
| Total Funding | 000k | ||
| USD | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| % growth | - | 160 % | 3 % |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Rechat was founded in 2016 by Shayan Hamidi. Hamidi, who serves as the CEO, has a background as a software engineer and previously founded two other companies before establishing Rechat. His experience in software development appears to be a direct influence on the company's product direction.
The company operates in the real estate technology sector, providing an all-in-one platform designed specifically for real estate agents and brokers. Rechat aims to consolidate the various tools a real estate professional needs into a single, integrated system. This approach addresses the common issue of fragmented software solutions in the industry, where agents often have to subscribe to and manage multiple disparate applications for marketing, customer relationship management (CRM), and transaction management.
Rechat's platform combines several key functionalities. It offers a CRM system for managing contacts and leads, marketing automation tools to create and distribute promotional materials, and transaction management capabilities to streamline the closing process. The platform also includes features for lead generation and integration with Multiple Listing Services (MLS). The business model is based on a Software-as-a-Service (SaaS) subscription, where individual agents or entire brokerages pay a recurring fee for access to the platform. This model provides predictable revenue streams for the company while offering a comprehensive operational tool for its clients.
One of the platform's key benefits is its super app design, which centralizes an agent's workflow, from generating a lead to closing a deal. This integration is intended to improve efficiency and reduce the complexity and cost associated with using multiple software vendors. Rechat targets both individual real estate agents looking for a personal productivity tool and larger brokerage firms seeking a unified platform for their entire team.
Keywords: real estate technology, proptech, CRM, marketing automation, transaction management, agent productivity, brokerage platform, SaaS, lead generation, MLS integration