Beycome Raises $2.5M In Seed Funding Led By InsurTech Fund

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Beycome, a Miami-based proptech company, successfully closed a $2.5 million seed funding round. The oversubscribed round was led by InsurTech Fund, with participation from notable venture firms including Pivot Ventures, Florida Opportunity Fund, RedShift Capital, Neer Venture Capital, Kima Ventures, Ignite Venture, and Founders Future, along with strategic angels.

Beycome operates as a direct to consumer real estate platform that allows users to buy, sell, rent, and close properties using a flat fee structure ranging from $99 to $999, bypassing traditional commissions. Its proprietary AI system, Artur, assists with pricing, listings, offers, paperwork, and coordination, while integrated title services handle closings. Co-founded by CEO Nico Jodin and CTO Cyril Carbonnier, the company has grown organically since 2020, serving a mix of homeowners, investors, builders, and flippers, with a focus on B2B customers. Currently active in Florida (its largest market), Texas, and four other states, Beycome reports closing a home roughly every 40 minutes.

The $2.5 million seed round values Beycome at approximately $5.36 million post money, reflecting a modest valuation for a profitable entity with substantial transaction volume. This follows an earlier, unspecified seed-like involvement in 2021, possibly tied to incubator participation, but the company emphasizes its bootstrapped path to profitability over the first three years. Investors were drawn to Beycome’s proven AI integration and real world impact, distinguishing it from hype driven proptech ventures.

This funding could accelerate Beycome’s national footprint, targeting 12 new states and deepening AI features to challenge incumbents like Zillow or Redfin. In a proptech sector seeing increased AI adoption, the round signals confidence in hybrid models that blend technology with human expertise, potentially leading to more efficient, affordable real estate transactions. However, scaling amid economic uncertainties in housing markets may require careful execution.

Beycome, a Miami-based proptech innovator, has recently secured $2.5 million in seed funding, a milestone that underscores its transition from a bootstrapped operation to a venture-backed entity poised for broader U.S. expansion. Founded in 2020 by CEO Nico Jodin and CTO Cyril Carbonnier, the company has carved out a niche in the residential real estate tech sector by offering a direct to consumer platform that empowers users to handle property transactions independently. Its flat-fee model, ranging from $99 for basic listings to $999 for comprehensive services, eliminates traditional agent commissions, appealing to cost conscious homeowners, buyers, investors, builders, and flippers. To date, Beycome has facilitated over 18,500 home closings, saving users more than $215 million in fees and achieving a transaction rate of approximately one closing every 40 minutes. Operating from a South Miami office with a lean team of 14 employees, the platform emphasizes a B2B focus while maintaining profitability, a rarity among early stage startups in the competitive proptech space.

The funding round was oversubscribed and led by InsurTech Fund, a venture firm specializing in insurance and real estate technology intersections. Participating investors include Pivot Ventures, the Florida Opportunity Fund, RedShift Capital, Neer Venture Capital, Kima Ventures, Ignite Venture (also referred to as Team Ignite Ventures), Founders Future, and several strategic angels. This brings Beycome’s total funding to $2.5 million, with a post money valuation of around $5.36 million, implying a pre money valuation of approximately $2.86 million. While PitchBook records an earlier seed round in January 2021 with no specified amount, possibly linked to Beycome’s participation in the LAB Ventures studio program in July 2020, the company has publicly highlighted its bootstrapping journey for the first three years, reaching profitability without significant external capital. This latest infusion represents a pivotal shift, enabling accelerated growth after proving product market fit through organic expansion.

The capital allocation strategy focuses on several key areas to enhance Beycome’s competitive edge. Primarily, funds will deepen the capabilities of its proprietary AI system, Artur, which integrates human expertise with automation to manage the full transaction lifecycle, from property pricing and market exposure to offer negotiation, paperwork, closing coordination, and integrated title services. Artur stands out for its practical application, having already supported thousands of real world transactions, reducing costs, and guiding users to settlement via Beycome’s in-house title agency. Beyond AI enhancements, the investment will support nationwide expansion, starting with entries into Virginia and Colorado, aiming to add 12 more states to its current footprint of six (Florida as the core market, plus Texas and four others). Additional priorities include scaling title services and buyer focused programs, building a fully integrated real estate ecosystem, and recruiting top talent in roles such as growth marketing managers, UX/UI designers, and developers. CEO Nico Jodin noted in the announcement, “After bootstrapping Beycome for 3 years and reaching profitability, this capital allows us to move faster. With the right partners now on board, we can accelerate product development, strengthen our technical leadership, and expand into many more states.” David Gritz, Managing Director at InsurTech Fund, echoed this sentiment, praising Beycome’s tangible impact: “We backed Beycome because they merge human expertise and AI to truly improve the home selling experience… Artur isn’t theoretical, it actively helps sell thousands of homes, simplifies transactions, reduces costs, and guides people all the way to settlement.”

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In the broader proptech landscape, Beycome’s model aligns with a growing trend toward disintermediation and AI driven efficiency in real estate. The sector has seen significant investment, with companies like Zillow, Redfin, and Opendoor dominating through data rich platforms and algorithmic tools. However, Beycome differentiates by targeting self directed users with a low cost, hybrid approach that combines DIY tools (e.g., listing creation, photo uploads, open house scheduling, e-signing) with optional professional support (e.g., photography, legal assistance, promotional materials). According to Tracxn, Beycome ranks 60th among 662 active competitors in residential real estate tech, with a score of 53/100, trailing leaders like QuintoAndar (Brazil, $755M funded) and Compass (U.S., $1.52B funded, public). Other notable rivals include PropTiger, Purplebricks, Truss Holdings, Homeday, HomeSmart, LandGate, Homelister, and FangDD, many of which focus on brokerage, listings, or specialized services. PitchBook lists direct competitors such as Movoto, Homie, Home Bay, BRICKS NEWCO, and Homecoin, emphasizing Beycome’s position in the B2C real estate services and application software verticals. Broader proptech lists from sources like LeadSquared and Mobile Reality highlight fast growers like Hover, Lessen, Reonomy, Opendoor, Zumper, HomeLight, Qualia, VTS, Lula, Blanket, Vendoroo, and Acres, illustrating the diversity in areas like property management, data analytics, and virtual staging.

To provide a clearer comparison, the following table outlines key metrics for Beycome and select top competitors based on available data:

This table highlights Beycome’s relative youth and lower funding but underscores its efficiency in achieving scale with minimal capital. The proptech market itself is evolving rapidly, with AI and automation addressing pain points like high fees (often 5-6% commissions) and transaction complexity. Economic factors, such as fluctuating interest rates and housing inventory shortages, could influence Beycome’s growth, but its cost saving appeal may resonate in a buyer’s market. Recent expansions (such as to Ohio in May 2025, Tennessee in October 2024, and Texas in October 2022) demonstrate steady progress, supported by partnerships like the Armadillo x Beycome launch in March 2023.

Beycome’s trajectory depends on executing its expansion while maintaining its user centric ethos. The funding provides a runway to innovate further in AI, potentially integrating advanced features like predictive analytics or virtual reality tours. Challenges include regulatory hurdles in new states, competition from well funded giants, and ensuring AI reliability to build trust. Social media buzz on X (formerly Twitter) around the funding has been modest, primarily from Miami tech influencers and news aggregators, suggesting room for greater visibility. Overall, this round positions Beycome as a promising player in democratizing real estate, blending technology and transparency to challenge outdated industry norms.

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