Estate Media Closes $2.7 Million Seed Round Led By Investors Including Justin Mateen

Estate Media closed a $1 million seed round, increasing its total funding to $2.7 million. The round was supported by several high-profile investors, including Tinder co-founder Justin Mateen and industry figures such as Tracy Tutor. The company has reported profitability this quarter and anticipates revenue to reach eight figures in the upcoming year, building on $6 million generated since inception.

Summary of transaction details:

• Deal Type: Seed
• Transaction Amount: $2,700,000
• Founders: Josh Flagg, Griff O’Brien, Andrew Shanfeld
• Investors: Justin Mateen, Tyler Mateen, Mikey Heyward, Tracy Tutor, Chad Carroll, Hudson Advisory, George Laughton, Melinda Witmer, Samir Mezrahi, Adam Weitsman, Powerhouse Capital, Connor Flannery
• Headquarters: Not specified

Co-founder and CEO Griff O’Brien emphasized the company's plans for global expansion through a partnership with Arrow Global. Additionally, Estate Media has secured a content deal with HousingWire and continues to develop its social accelerator program aimed at real estate agents.