PunchListUSA Secures $39 Million Series A

by Kay Aloha Villamor in July 28th, 2022

PunchListUSA, a Charleston, SC-based first online real estate platform to digitize home inspection data for instant estimates and online ordering of home repair services, has announced it has secured $39 million.

The round was led by Sweetwater Private Equity and Morpheus Ventures. Additional investors include Home Depot Ventures, Second Century Ventures, Palm Drive Capital, the Bielsky Family Office, IDEA Fund Partners, Meeting Street Capital, Solo Capital Management, VentureSouth, and a significant real estate operator and investor.

The new investment will accelerate the deployment of proprietary technology and geographic expansion to serve homeowners with lifecycle services

Company: PunchListUSA Inc.

Raised: $39.0M

Round: Series A

Funding Month: July 2022

Lead Investors: Sweetwater Private Equity and Morpheus Ventures

Additional Investors: Home Depot Ventures, Second Century Ventures, Palm Drive Capital, the Bielsky Family Office, IDEA Fund Partners, Meeting Street Capital, Solo Capital Management, VentureSouth

Company Website: https://www.punchlistusa.com/

Software Category: Online Real Estate Platform

About the Company: PunchListUSA is the first online real estate platform digitizing national home inspection data to create instant repair estimates and online service orders for homeowners, brokers, and institutional investors. The platform is powered by proprietary technology and property data to deliver home repair, renovation, and lifecycle services at scale through innovative products, process automation, and direct integration with industry partners. Exclusive inspection data access will power end-to-end home lifecycle services and product offerings to homeowners through the PunchListUSA marketplace in its next phase of growth. PunchListUSA is based in Charleston, South Carolina with operations in 14 major U.S. cities. Investors include Sweetwater Private Equity, Morpheus Ventures, Home Depot Ventures, Second Century Ventures, Palm Drive Capital, the Bielsky Family Office, IDEA Fund Partners, Meeting Street Capital, Solo Capital Management, VentureSouth, and a significant real estate operator and investor.

Source: https://www.prnewswire.com/news-releases/home-data-and-services-platform-punchlistusa-secures-39m-series-a-funding-led-by-sweetwater-private-equity-and-morpheus-ventures-301593776.html




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