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Honely Announces Successful Closing of its Seed Round

Honely, the Boca Raton PropTech company that is seeking to revolutionize the real estate investing process through AI/ML-powered predictive analytics, announced that it successfully closed its seed funding round. The startup secured an investor who believed in their vision of delivering high-level, forward-looking insights on 150 million homes across all 50 states. Their delivery method is through a highly scalable platform which makes their analytics instantly accessible and easy to digest, thus empowering anyone from your average homebuyer to large institutions.

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“Capital from this seed round will be used for the full-scale rollout of Honely.com, to allow the company to reach the next level of scale and impact, delivering real estate data analysis and forecasting instantaneously to investors and home buyers alike, thereby kickstarting the commercialization of the platform,” said Honely CEO Jonathan Alexander Shah.

Shah added that, “We began this journey in mid-2020 with nothing but some internal funding and a vision to become the go-to resource for actionable real estate analytics. In that short span of time, we’re proud to have built models that surpass anything available on the market and with the conclusion of this seed round it’s time to go to market and assist the entirety of the real estate investing ecosystem.”

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