Clever

Real estate agent matching service

Clever logo
101-200 employees
  • B2C
  • B2B
  • Marketplace
  • Real Estate
Central West End, St. Louis, MO

Company mission

To make selling or buying a home easier and more affordable fo everyone.

-15% employee growth in 12 months

Our take

Real estate commissions have been kept artificially high for decades as a result of uncomfortableness from consumers to negotiate and archaic pricing systems. Clever is changing all that with its discount brokerage service.

Using an algorithm along with “concierge” staffers, Clever matches homeowners with agents who have experience in their price range and neighborhood. As a result, agents get more sales and Clever effectively negotiates on behalf of the consumer.

It competes with other discount brokerages like Redfin, which attracts customers through aggregated realtor-sanctioned listings and provides discounts to home sellers through eventual rebates. However, Clever is earning market share from Redfin through its differentiated strategies: intuitive customer experience and a portfolio of online content brands reaching millions of readers with expert real estate advice and education.

Steph headshot

Steph

Company Specialist at Welcome to the Jungle

Funding (last 2 of 7 rounds)

May 2023

$2m

LATE VC

Dec 2021

$8m

SERIES B

Total funding: $20m

Leadership

Luke Babich

(Co-Founder & CEO)

Previously Co-Founder & Principal Investor of Arch Buyers. Also previously the Director of Strategy & Sales at L&T Co.