Former Trulia CEO Leads two Strategic Funding Rounds

March 23, 2021
Share this Post: 

Former CEO of Trulia, Pete Flint has been dishing out investments, backing a number of companies, and supporting technology innovation where he can. Two such companies are Instashowing, a showing management startup that has seen an increase in popularity in recent months, and Lev Capital, an online financing platform for commercial real estate that utilizes data and automation to help property owners and investors source financing. 

For Instashowing, Flint, along with real estate coach, Tom Ferry, partnered up with Howard Hanna Real Estate Services President Howard W. “Hoby” Hanna, IV, former Contractually CEO Zvi Band, former dotloop CEO Austin Allison, and Greg Schwartz, Founder and CEO of real estate technology startup Tomo to raise $1.5 million. 

Flint said: 

“Our funding and strategic support will allow Instashowing to rapidly expand its offerings and deepen its integrations with [multiple listing services] and brokers everywhere. The timing for this innovative solution couldn’t be better, and I am thrilled to be a part of Instashowing’s explosive success!”

When it comes to Lev Capital, through investors including brokerage JLL and a group of former executives from Trulia and LoopNet that includes Flint, the financing platform raised $10 million.

Leading this round as well, was Flint’s venture capital fund, NFX, with participation from JLL Spark and Canaan Partners, where Rich Boyle, a former CEO of LoopNet, is now a managing partner, as well as returning backers, Amino Ventures, and Ludlow Ventures. 

March 23, 2021
Victoria has been writing about property portals and marketplace sites for Online Marketplaces for over 3 years. She is also our resident artist and is responsible for all of the infographic content on the site.

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Schibsted
Tinius Trust to Sell Shares in Schibsted Marketplaces, Opening Door to Takeover Bids

The Tinius Trust, through its holding company Blommenholm Industrier, is preparing to sell nearly a third of its remaining shares...

Read More
Rightmove Not Listening 1
Another Rightmove Boycott as Proptech Bemoans "Unjustified" Fee Hikes

A British startup has launched a petition against Rightmove for what it calls "unjustified" fee hikes amid allegations of "arrogant"...

Read More
Shutterstock 751956331 2
News Corp CEO Robert Thomson on CoStar and Domain: "We Have The Advantage"

News Corp CEO Robert Thomson says the media giant will have a competitive advantage if CoStar Group completes its acquisition...

Read More
Shutterstock 2245599643 3
Zillow Says It's Shooting for $5 Billion Revenue and 45% EBITDA Margins

The American portal operator Zillow Group is setting ambitious financial targets and doubling down on market expansion as outlined at...

Read More

Editor's Pick