Trulia Received $15 Million for Online Real Estate Search

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Trulia Received $15 Million for Online Real Estate Search

Trulia raised $15 Million in funding from Deep Fork Capital, Sequoia Capital, Accel Partners and Fayez Sarofim & Co. Previously Trulia Received $10 Million in funding, along with prior funding bringing the total to $33 Million.

What does Trulia do?

Trulia is a residential real estate search tool covering the United States.

VCU says:

To truly understand how they present information you need to try it here. The interface is incredibly easy to use, and by easy I mean I was able to go to their site for the first time and get exactly what I wanted immediately. Simply type in a zip code, all the homes nearby appear on a map with markers which when clicked pop up a picture of the home, basic details and price. More details will take you, in a new window, to the site originating the information such as a realtor, help-u-sell site, etc.

Neighborhood data is also provided. Additional statistics such as price per square foot of the home and others in the area that have sold, median sales price, and other data to help take the guessing game out of the surrounding market values.

Their revenue is based on advertising, not on leads, therefore they are focused on making the user experience the best possible to assure the users will return. Those focused on leads may design their site in such a way that the user feels used and may not return as often as they will to a site like Trulia.

Founders:
Read more about Pete Flint here.

Read more about Sami Inkinen here.

Funders:

Read more about Sequoia Capital here.

Read more about Accel Partners here.

Deep Fork Capital, and Fayez Sarofim & Co.




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