Transactly closes Series A round

St. Louis, MO-based real estate technology platform Transactly closed a $4 million Series A funding round led by Hermann Companies, bringing its total funding to $11.5 million.

The company’s real estate platform, which was founded in 2018, helps coordinate processes and leverage configurable templates around real estate transactions to help them close faster.

The company also announced that two members have joined its executive team. Catherine Harris joins as Chief Product Officer, and Nick Niemeyer joins as Chief Technology Technology Officer. Catherine comes with a highly-accomplished background in product management, previously leading large product teams at MasterCard, USAA, CapitalOne, and AT&T. Nick Niemeyer brings over 10 years of big data experience to Transactly, and most recently serving as the CTO at Evolve24.

Bottom Line: This bottom line could be mentioning you and our Data platform tracks close to 100 distribution deals between real estate companies and insurance firms such as Vouch and WeWork, Trov and Movebubble, and Sure and DoorLoop.