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Dec 3, 2024

SERHANT. secures $45M to further develop its AI platform

Posted by in categories: business, finance, robotics/AI

Ryan Serhant’s eponymous brokerage has been in rapid growth mode this year following the success of the Netflix show “Owning Manhattan,” and now investors want in on the action.

SERHANT. announced Monday that it secured $45 million in a seed funding round led by real estate venture capital firm Camber Creek and participation from Left Lane Capital.

The investment — which is going to SERHANT. Technologies, the umbrella company that includes the brokerage — will be used to develop the company’s AI platform known as S.MPLE. The company believes S.MPLE will optimize workflows and help scale other parts of its business, including the brokerage.

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