Potomac, MD Curbio, the leading tech-driven home improvement service for Realtors and their clients, today announced the inclusion of several visionary PropTech CEOs to Curbio’s recently announced $25M funding round. Investors include the CEO of Hippo Insurance, Assaf Wand, the CEO of Tomo Networks (former President of Zillow Media & Marketplace), Greg Schwartz, and the former CEO of Realtor.com, Ryan O’Hara.
Also participating in the round is three-time NBA champion and prominent technology investor Andre Iguodala. Andre has worked closely with famed venture firm a16z, and through F9 Strategies—his business partnership with Rudy Cline-Thomas–Iguodala is at the forefront of venture capital and technology. He’s invested in more than 50 companies including Zoom, Datadog, PagerDuty and Allbirds.
“As Curbio continues to grow, so does our incredible team of institutional and individual investors,” said Rick Rudman, CEO of Curbio. “What’s amazing to me is the depth of PropTech experience among our investors. They are all seasoned operators that provide an incredible resource for Curbio as we innovate the $200b home improvement industry for Realtors® and the home buyers and sellers they work with.”
Curbio is changing the home sales industry with its pay-at-closing business model and the first technology-centric solution for rapid, high-quality and stress-free residential home improvement. Unlike existing contractor marketplaces, Curbio manages and executes everything from the initial proposal through the final walkthrough and is the onsite general contractor for every project.
Curbio’s technology dramatically improves the customer experience within the home improvement industry—an industry that hasn’t changed in decades and is notorious for missed deadlines, cost overruns and poor customer communication. Curbio’s app makes it easy for Realtors® and their clients to monitor projects. Through the app, full-time Project Managers send updated schedules, photos and videos, so Realtors® and homeowners can stay in the loop from any location. This keeps projects running smoothly and eliminates the frustration of visiting project sites, tracking down updates and playing phone tag with contractors.
The results are game changing, with Curbio projects averaging a 60% reduction in project time, 50% reduction in days on market and 20% increase in home sale prices. With no payment due until the home is sold, and no interest or fees, Curbio eliminates roadblocks to pre-listing improvements and helps ensure the success of every home sale.
“Curbio is the type of innovation we look for, bringing a modern and disruptive approach to an outdated industry,” said Andre Iguodala. “Every home from a starter to a luxury estate needs work before going on the market. Curbio’s fix now, pay at closing model makes updating a home before listing accessible to all.”
About Curbio
Curbio is the leading pay-at-closing home improvement company for Realtors® and their pre-listing projects, with no payment due until the home is sold. Staffed by former Realtors®, designers, and project managers, we are experts in pre-listing home improvement, and our process focuses on speed, simplicity, and customer experience. From simple repairs to whole home makeovers, Curbio helps ensure every home sale is a success.
