Zillow Raises $12B in Public

Zillow has successfully raised $12B in a Public at a $15B valuation led by Public.

Company Overview

Zillow is a Real Estate company headquartered in 1301 2nd Avenue, Seattle, WA 98101, founded in 2006 with 8000+ employees.

Online real estate marketplace

Fundraising Details

• Amount Raised: $12B
• Round Type: Public
• Valuation: $15B
• Date: 2024-01-01
• Investors: Public

About Zillow

Online real estate marketplace The company is positioned in the Real Estate sector, serving a growing market with innovative solutions.

Key Information

• Headquarters: 1301 2nd Avenue, Seattle, WA 98101
• Founded: 2006
• Team Size: 8000+
• Industry: Real Estate

What This Means

This funding round demonstrates strong investor confidence in Zillow's vision and execution. The capital will likely be used to:

• Scale Operations: Expand the team and operational capacity
• Product Development: Enhance existing products and develop new features
• Market Expansion: Enter new markets and strengthen presence in existing ones
• Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The Real Estate sector continues to attract significant investment as companies innovate to meet evolving market demands. Zillow's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $15B valuation marks an important milestone for Zillow, positioning the company among notable players in the Real Estate industry.

Looking Ahead

With this new capital, Zillow is well-positioned to execute on its growth strategy and continue building innovative solutions in the Real Estate space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2024-01-01. For more information about Zillow, visit their headquarters at 1301 2nd Avenue, Seattle, WA 98101.