Exclusive: Luxury Presence Raises $22M Series C For AI-Powered Marketing Aimed At Real Estate Agents
CEO Malte Kramer founded the Austin, Texas-based company after meeting luxury real estate agent Jade Mills, who claims to have helped facilitate $9 billion in sales over the course of her decades-long career. Kramer said he was so struck by Mills' 'burden of outdated tools' that he set out to build Luxury Presence, which he describes as 'a growth platform that drives how high-end agents, teams, and brokerages generate, nurture, and uncover new and repeat business.' The platform helps agents build premium, branded websites and provides them with advanced marketing tools. The startup is now gearing up for the February release of a new product called Presence CRM, which Kramer describes as an AI-powered relationship engine that aims to find 'hidden deals' in real estate agents' networks. Luxury Presence's client base has more than 17,000 real estate businesses, comprising more than 87,000 real estate agents. The company projects ARR growth of 40% for 2025, and is nearly profitable,...
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