Coatue Leads Funding Round for Real-Estate Startup Side

U.S. Existing-Home Sales Surged In July By Most On Record

Photographer: Bing Guan/Bloomberg

Real estate technology business Side Inc. said it’s now valued at $1 billion after a $150 million funding round led by Coatue Management.

The round brings Side’s fundraising total to $200 million to date, according to a statement. Other investors in the company include Trinity Ventures, Matrix Partners and Sapphire Ventures.

San Francisco-based Side works with residential and commercial real estate agents to provide a customized technology platform.