Nomad Homes is a software-enabled marketplace for residential real estate across Europe and the Middle East (EMEA). We currently operate in France, Spain, Portugal, and the UAE. Our mission is to empower agents to earn more and deliver a great experience for both buyers and sellers so that home ownership is simple and efficient because agents are empowered to collaborate with one another.
EMEA's residential real estate suffers from inefficiencies due to the absence of an MLS-like platform (the infrastructure for real estate in the US). Despite an estimated $1.5 trillion transactions per year, this lack of cohesion and infrastructure hampers collaboration among agents, leaves buyers unrepresented, and increases transaction friction, limiting liquidity and market growth.
We have assembled the best team and investors to tackle this problem. Our executive team is former Uber, Addepar, Cera, and Blackstone. Despite the VC-winter, we recently raised $20 million led by Acrew, and count other investors like former Twitter executives Dick Costolo and Adam Bain, the former Zillow CEO Spencer Rascoff, and Opendoor CEO Eric Wu as supporters of Nomad Homes.
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