FinTech News
DTC Real Estate Platform Beycome Raises $2.5 Million
A platform built for direct-to-consumer real estate transactions has just closed a new round of funding.
About Beycome’s Funding Round
Recently, Beycome announced that it had raised $2.5 million. The seed round was led by InsurTech Fund. Pivot Ventures, the Florida Opportunity Fund, RedShift Capital, Neer Venture Capital, Kima Ventures, Ignite Venture, and Founders Future also participated alongside other strategic and angel investors. With previous seed funding and convertible notes, Beycome has now raised a total of $3.7 million to date.
More on Beycome:
Beycome describes itself as a direct-to-consumer real estate platform, allowing users to buy and sell homes. Rather than taking a percentage of the sale price, Beycome operates on a flat fee model. Specifically, fees range from $99 to $999 and give users access to a variety of tools. One such tool is the company’s proprietary AI called Artur, which assists customers through the process and transaction.
According to the company, they’ve facilitated nearly 20,000 home transactions since launching in 2020, with one home closing roughly every 40 minutes. As a result, they estimate that customers have saved upwards of $215 on average in fees.
What They’re Saying:
Discussing the new funding, Beycome CEO and co-founder Nico Jodin stated, “After bootstrapping Beycome for 3 years and reaching profitability, this capital allows us to move faster. With the right partners now on board, we can accelerate product development, strengthen our technical leadership, and expand into many more states.”
On the other end of the transaction, InsurTech Fund Managing Director David Gritz said of the company, “We backed Beycome because they merge human expertise and AI to truly improve the home-selling experience. There’s been a lot of AI hype in insurance and real estate, but what stood out here was the real-world impact and results already delivered.”
Gritz continued, “Artur isn’t theoretical — it actively helps sell thousands of homes, simplifies transactions, reduces costs, and guides people all the way to settlement, where Beycome’s title agency takes over. It already works for everyone, from first-time sellers to seasoned investors, builders, flippers, and everyday homeowners.”
My Thoughts:
The idea of DTC (or P2P, even?) real estate transactions definitely sounds interesting to me. Although I’m a new-ish homeowner with no intent to sell my house anytime soon, I’m already dreading the commissions associated with this. For that selfish reason alone, I’m wishing the best to Beycome and hope that this platform truly takes off.
As for the funding, I’m impressed to see that Beycome has already managed to grow so significantly and achieve profitability while relying on a relatively low amount of venture capital. If they were able to accomplish that much before this funding, I have no doubt that this seed round will propel them even further.
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