Real Estate
Home›Real Estate›Industry›Mainstay raises $18 million and acquires AI listing pl…
Mainstay raises $18 million and acquires AI listing platform Truelist
The San Francisco company, spun out of Opendoor in August 2024, said the deal will help it accelerate expansion into brokerage.
Mainstay, a system of record for residential real estate, announced it raised $18 million and acquired Truelist, an AI-powered listing platform for brokers and agents, Commercial Observer reported.
Mainstay said it was carved out of Opendoor as an independent company in August 2024, and that its platform combines proprietary data and pricing intelligence with agentic automation to reduce fragmented tools and manual workflows across buying, owning, and selling homes.
The company said it plans to use the new capital to accelerate expansion into brokerage, and noted its financing included new investors Parker89, Stackpoint, Alpaca VC, and FJ Labs, along with existing investors Khosla Ventures, Era Ventures, and Clocktower Technology Ventures.