On January 12, 2023, Welcome Homes, a New York City-based proptech company that delivers luxurious homes at a guaranteed price in just a few clicks, announced that it has raised more than $29 million in Series A funding, led by Era Ventures. The funding round also included participation from Parker89, Montage Ventures, Foundamental, Global Founders Capital, Activant Capital, Gaingels, Elefund, and Arkin Holdings. Wilson Sonsini Goodrich & Rosati advised Welcome Homes on the transaction.
The new funding will be used to hire talent to further develop Welcome Homes' proprietary land technology, design new home models, and expand into new markets throughout the U.S.
The Wilson Sonsini team that advised Welcome Homes on the transaction included Megan Baier, Carole Rosenberg, and Brett Schulman.
For more information, please see Welcome Homes’ press release.