KO Client Guest House Raises $3.5 Million Round
- KO Firm
- |
- July 19, 2023
KO client Guest House, which provides tech-enabled home staging to help realtors and homeowners, recently closed a $3.5 million equity raise.
“We’ve proven that the tech-enabled model and platform we’ve built is really delivering value to customers and the unit economics are delivering huge ROI to the business and our investors,” said Alex Ryden, founder and CEO of Guest House to Colorado Inno. “[We decided] this is a great time to raise more capital, go deeper in current markets and look at accelerating into future markets to help more people, more homeowners [and] more realtors sell homes faster for more money by making staging accessible to everyone.”
The funding will be used to automate more of the staging process and to continue investing in the startup’s technology. Break Trail Ventures led the raise with participation from Douglas Elliman, Sweater Ventures, Denver Angels, Caruso Ventures, Range Ventures, and other existing investors.
KO partner Jennifer Rosenthal and attorney Ryan Sykora represented Guest House in the financing. Read more in the Denver Business Journal/Colorado Inno.