In March, Side raised $150 million and was valued at $1 billion. We’re thrilled to share that just three months later, Side has raised more than $50 million in additional capital, more than doubling the company’s valuation to $2.5 billion.
Most exciting is that Side is now backed by the top 3 new tech IPO investors — Tiger Global Management, D1 Capital Partners, and Coatue Management — which has never happened before. It’s a real testament to Side’s innovative model and platform, and most importantly, to the one-of-a-kind agents that have partnered with Side to create hundreds of market-leading local boutiques.
This financing signifies confidence in our mission and in our future, and we can’t wait to empower more market-leading agents to form their own market-leading boutiques.