USA – Fello, a Cleveland, OH-based provider of an agent-led iBuyer, raised $25M in funding.
The round cad led by Javelin Venture Partners with participation from Ben Rubenstein, founder of OpCity and former Realtor.com CRO. The company intends to use the funds to scale its business reach. Founded by Ryan Young, Tom Schrader, and Stephen London, Fello set out to create a hybrid experience that allows homeowners to bring their agents into the process and get a competitive cash offer. With its new platform, agents have the ability to provide every homeowner with an iBuying option while staying at the center of the relationship. The agent stays in control of the sale, maintains the listing, and gets their full commission — every time. 05/07/2022
