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Luxury Presence, a leading proptech startup, has unveiled Presence Copilot™, an AI-powered mobile platform designed to revolutionize the way real estate professionals work. Alongside this groundbreaking launch, the company has announced $19.2M in Series B-1 funding, marking a significant milestone in its journey to transform the real estate industry.
Presence Copilot™: A Comprehensive Mobile Platform
AI-Powered Mobile Assistant
Presence Copilot™ is not just a mobile platform; it’s a comprehensive assistant for real estate agents. It offers an AI-powered mobile assistant that helps agents prepare for meetings, transcribe and summarize voice notes, update client preferences, and access the latest market data from over 270 MLS services.
Branded Mobile Apps for Agents
The platform also provides agents with their own branded mobile apps, allowing them to manage and collaborate with clients in one customized place. This feature ensures a seamless and personalized experience for both agents and clients.
Transforming Mundane Tasks into Superpowers
“We believe AI is the biggest technology shift since the invention of the internet,” said Malte Kramer, Founder and CEO of Luxury Presence. Presence Copilot™ aims to eliminate mundane daily tasks, giving agents the tools to provide memorable client experiences. It delivers AI-driven market insights on-demand and offers a new way to manage relationships on the go.
The Dawn McKenna Connection
The idea for Presence Copilot™ began with industry veteran Dawn McKenna, who started developing her mobile app to give her team a competitive edge. Luxury Presence recognized the potential of her platform and acquired it, partnering with McKenna’s team to evolve it into Presence Copilot™. This collaboration has digitized McKenna’s successful strategies, making them accessible to any real estate professional.
Series B-1 Funding: Fueling Growth
To accelerate product development, Luxury Presence has raised $19.2M in Series B-1 funding. The round was led by Bessemer Venture Partners, with participation from Switch Ventures and other existing investors.
About Luxury Presence
Luxury Presence is a Los Angeles proptech startup that provides growth marketing solutions to over 9,000 agents, teams, and brokerages. Since launching in 2016, Luxury Presence has raised over $52M, with notable investors including Zillow Co-Founder Spencer Rascoff, real estate coach Tom Ferry, and Bessemer Venture Partners.
A Bright Future for Real Estate Technology
Presence Copilot™ represents a significant advancement in real estate technology. By leveraging AI and providing a comprehensive suite of tools, Luxury Presence is empowering agents to work more efficiently, close deals faster, and deliver exceptional client experiences.
The collaboration with industry experts like Dawn McKenna and the successful Series B-1 funding round further solidify Luxury Presence’s position as a leader in the proptech space. With Presence Copilot™, Luxury Presence is not only changing the game for real estate professionals but also setting the stage for a new era of innovation and growth in the industry.
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